Conn. Gen. Stat. § 7-273dd
Bonds issued under authority of this chapter shall be sold by the municipality or the authority, at public or private sale at a price determined by the issuer thereof. The bonds may bear a single or variable rate of interest and may bear different rates of interest for different maturities. The proceeds arising from the sale of any bonds issued under the authority of this chapter by a municipality or authority shall be kept in accounts separate from other funds of the municipality or the authority. Said proceeds shall be expended only for the purposes and subject to the provisions of this chapter, provided the proceeds from the issuance and sale of any bonds shall first be applied to the payment of such bonds as have been issued in anticipation of such issue.
Conn. Gen. Stat. § 7-273dd
(P.A. 81-213, S. 6, 18; P.A. 83-519, S. 19, 23; P.A. 85-478, S. 5, 10.)
See Sec. 42b-1 for definitions re registered public obligations. See Sec. 42b-11 re effect of chapter 748 with respect to registered public obligations issued on or after July 7, 1983. See Sec. 42b-12 for requirement that this section and chapter 748 be construed in conjunction with the Uniform Commercial Code. See Sec. 42b-14 re severability of provisions relating to registered public obligations.