Connecticut § 10-265ee - Financial assistance provided by the corporation. State assistance.
Full text of Connecticut Connecticut General Statutes § 10-265ee — Financial assistance provided by the corporation. State assistance., with citation guidance and answers to common questions.
§ 10-265ee. Financial assistance provided by the corporation. State assistance.
Sec. 10-265ee. Financial assistance provided by the corporation. State assistance. (a) Financial assistance provided by the corporation organized under section 10-265aa shall be upon terms and conditions consistent with the policies and procedures adopted by the corporation's board of directors. The board of directors shall, in its discretion, establish such policies and procedures that the board deems prudent, necessary and consistent with the provisions of section 10-265aa. Such terms and conditions may include, but need not be limited to: (1) Eligibility criteria for state and local government agencies, private for-profit and not-for-profit institutions, and individuals to apply for and receive grants, loans or other forms of assistance from the corporation; (2) the procedures for such entities to apply for and receive such funding; and (3) a requirement of funding commitments and awards from other sources, including financing obtained from quasi-public agencies, as defined in section 1-120, federal, state and local government agencies and private for-profit and not-for-profit institutions.
(b) State assistance to match the philanthropic enterprise's contribution may be provided to the corporation while its application for tax exempt status, as described in subsection (c) of section 10-265aa, is pending. If such status is denied, the corporation shall promptly repay such state assistance to the state.
(c) State assistance may be provided to the corporation through contractual arrangements as may be agreed upon by the corporation and the Secretary of the Office of Policy and Management.
(P.A. 19-117, S. 187.)
History: P.A. 19-117 effective June 26, 2019.
Source: official Connecticut text · Last verified 2026-08-27
Frequently Asked Questions About Connecticut § 10-265ee
What does Connecticut General Statutes § 10-265ee cover?
Section 10-265ee ("Financial assistance provided by the corporation. State assistance.") is part of the Connecticut General Statutes, the codified statutory law of Connecticut. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Connecticut § 10-265ee?
A common citation format is "Connecticut General Statutes § 10-265ee" (Connecticut). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Connecticut law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Connecticut official source linked on this page or consult a licensed Connecticut attorney.
How does Connecticut § 10-265ee apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Connecticut can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Connecticut.