Connecticut 2017 2017 Regular Session

Connecticut House Bill HB05554 Chaptered / Bill

Filed 06/14/2017

                    House Bill No. 5554

Special Act No. 17-9

AN ACT AUTHORIZING THE WESTPORT LIBRARY ASSOCIATION TO BORROW FUNDS OR OBTAIN LOANS OR GRANTS. 

Be it enacted by the Senate and House of Representatives in General Assembly convened: 

Section 1. (Effective from passage) Notwithstanding any provision of the general statutes and any special act, municipal charter or home rule ordinance, the Westport Library Association, incorporated pursuant to number 228 of the special acts of 1907, may borrow funds or obtain loans or grants from the state, the town of Westport and institutional or other lenders, and may, to secure any such loans or grants, grant liens, pledges, mortgages or other encumbrances on any assets, real or personal, of said association. Additionally, said association may engage in any lawful act or activity for which corporations may be formed under the provisions of sections 33-1000 to 33-1290, inclusive, of the general statutes.