Connecticut Innovations, Incorporated may establish a loan guarantee program to provide guarantees of not more than thirty per cent of the loan to lenders who provide financing to recipients of financial assistance pursuant to section 32-763 or section 32-765.
(P.A. 07-233, S. 14; June 12 Sp. Sess. P.A. 12-1, S. 152; P.A. 13-308, S. 23.)
History: P.A. 07-233 effective July 1, 2007; pursuant to June 12 Sp. Sess. P.A. 12-1, “Connecticut Development Authority” was changed editorially by the Revisors to “Connecticut Innovations, Incorporated”, effective July 1, 2012; P.A. 13-308 replaced provision re eligible developers or eligible property owners with provision re recipients of financial assistance and made conforming changes, effective July 1, 2013.