§ 32-700 Definitions
§ 32-701 Required terms and conditions of agreement for state assistance. Repayment. Modification
§ 32-702 Procedure if noncompliance with agreement. Default. Penalty
§ 32-703 Lien on security. Exception
§ 32-704 Hospitality projects receiving state assistance. Labor peace agreements

Terms Used In Connecticut General Statutes > Chapter 588aa - State Assistance for Economic Development

  • Contract: A legal written agreement that becomes binding when signed.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • month: means a calendar month, and the word "year" means a calendar year, unless otherwise expressed. See Connecticut General Statutes 1-1
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.