Title 42b, Title 42b: Registered Obligations of Public Entities

Sec. 42b-1. Definitions. As used in this chapter or sections 7-260, 7-273dd, 7-369, 7-373, 7-377a, 7-378 and 7-380, the following terms have the following meanings: (a) “Authorized officer” means any individual required or permitted, alone or with others, by any provision of law …

Sec. 42b-10. Records of ownership of or security interests in registered public obligations not subject to inspection under freedom of information laws. (a) Records with regard to the ownership of or security interests in registered public obligations shall not be subject to insp…

Sec. 42b-11. Effect of this chapter with respect to registered public obligations issued on or after July 7, 1983. (a) Unless at any time prior to or at original issuance of a registered public obligation the official or official body of the issuer determines otherwise, this chap…

Sec. 42b-12. This chapter to be construed in conjunction with the Uniform Commercial Code. This chapter and sections 7-260, 7-273dd, 7-369, 7-373, 7-377a, 7-378 and 7-380 shall be construed in conjunction with title 42a and the principles of contract law relative to the registrat…

Sec. 42b-13. State covenant not to amend this chapter in any manner impairing federal income tax exemption for interest on registered public obligations. The state hereby covenants with the owners of any registered public obligations that it will not amend or repeal this chapter …

Sec. 42b-14. Severability clause. If any provision or the application of any provision of this chapter shall be invalid, such shall not affect the validity of other provisions or other applications, it hereby being declared that the provisions or the applications of this chapter …

Sec. 42b-15. Bonds or other obligations issued by public entity may be consolidated in single issue if all have the same security. Notwithstanding any provision of the general statutes, any special act, any charter, any bond ordinance, resolution or other authorization to the con…

Sec. 42b-2. Public entities empowered to establish system for issuance of registered obligations. Interest on certain unregistered public obligations not exempt from federal tax. (a) Since the code provides that interest with respect to certain obligations may not be exempt from …

Sec. 42b-3. Public entities authorized to establish system of registered obligations notwithstanding state or local laws. System may provide for certificated or uncertificated obligations or both. (a) Notwithstanding the provisions of the general statutes or any special act, any …

Sec. 42b-4. Execution of certificated registered public obligations and writings related to uncertificated registered public obligations. (a) A certificated registered public obligation shall be executed by the issuer by the manual or facsimile signature or signatures of authoriz…

Sec. 42b-5. Signature of authorized officer on certificates. Continuing validity. (a) Any certificated registered public obligation signed by the authorized officers at the time of the signing thereof shall remain valid and binding, notwithstanding that before the issuance thereo…

Sec. 42b-6. When seal is required on certificate a facsimile seal allowed with same legal effect. When a seal is required or permitted in the execution of any certificated registered public obligation, an authorized officer may cause the seal to be printed, engraved, stamped or o…

Sec. 42b-7. Appointment by issuer of authenticity agents, transfer agents, registrars and other agents. Establishment of depository system for transfer of registered public obligations. (a) An issuer or an issuer's official or official body on behalf of the issuer may appoint for…

Sec. 42b-8. Costs of maintaining system of registration. Issuer may provide for its liability through agreements with others. (a) An issuer, prior to or at original issuance of registered public obligations, may provide as a part of a system of registration that the transferor or…

Sec. 42b-9. Obligations in registered form deemed to satisfy requirements as security for deposits required of public agencies. Obligations issued by public entities under the laws of one or more states, territories, possessions or the District of Columbia, which are in registere…