Connecticut General Statutes 12-178 – Precedence of School Fund or Agricultural College Fund mortgage
Current as of: 2023 | Check for updates
|
Other versions
No tax assessed upon property mortgaged to the state of Connecticut to secure a loan from the School Fund or from the Agricultural College Fund shall be a lien upon such property which shall take precedence of any such mortgage.
Terms Used In Connecticut General Statutes 12-178
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.