{"data":{"id":"us-ct/conn.-gen.-stat.-8-265tt","jurisdiction":"us-ct","citation":"Conn. Gen. Stat. § 8-265tt","heading":"Definitions.","body":"As used in this section and sections 8-265uu to 8-265xx, inclusive:\n(1) “Association” means an association of unit owners, as defined in section 47-68a, or an association or unit owners' association, each as defined in section 47-202;\n(2) “Authority” means the Connecticut Housing Finance Authority created under section 8-244;\n(3) “Bank” means a bank or an out-of-state bank, each as defined in section 36a-2;\n(4) “Captive insurance company” means the captive insurance company established pursuant to section 38a-91vv;\n(5) “Credit union” means a Connecticut credit union or a federal credit union, each as defined in section 36a-2;\n(6) “Department” means the Department of Banking;\n(7) “Eligible borrower” means (A) the owner or occupant of a residential building who has received a participation agreement from the captive insurance company, (B) an association that has received a participation agreement or agreements from the captive insurance company, or (C) the owner or occupant of a single-family or multifamily residential dwelling, including, but not limited to, a residential unit in a condominium, as such terms are defined or used in section 47-68a or a unit that is used for residential purposes and located in a common interest community, as such terms are defined in section 47-202, provided the association such dwelling is a part of has received a participation agreement or agreements from the captive insurance company concerning the building within which such dwelling is located;\n(8) “Eligible financial institution” means a bank or credit union;\n(9) “Participation agreement” means an agreement by the captive insurance company to pay for a portion of the cost to repair or replace a concrete foundation that has deteriorated due to the presence of pyrrhotite; and\n(10) “Residential building” has the same meaning as provided in section 8-440.","path":["TITLE 8. ZONING, PLANNING, HOUSING AND ECONOMIC AND COMMUNITY DEVELOPMENT","CHAPTER 134*. CONNECTICUT HOUSING FINANCE AUTHORITY ACT"],"source_url":"https://www.cga.ct.gov/current/pub/chap_134.htm#sec_8-265tt","current_through":"Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)","vintage":"","retrieved_at":"2026-09-06T19:06:57Z","sha256":"bff06da0d53a087cf5989b311e639f11b90e428a3eb32096bc79a2730403b661","source_id":"us-ct","stale":false,"prev":"us-ct/conn.-gen.-stat.-8-265ss","next":"us-ct/conn.-gen.-stat.-8-265uu"},"notice":"GroundRules: Original legal text. Not legal advice."}
