Connecticut § 7-360 - Creation of fund.
Full text of Connecticut Connecticut General Statutes § 7-360 — Creation of fund., with citation guidance and answers to common questions.
§ 7-360. Creation of fund.
Sec. 7-360. Creation of fund. Upon the recommendation and approval of the budget-making authority, the legislative body of any municipality, by a majority vote, may create a reserve fund for capital and nonrecurring expenditures, costs associated with a property tax revaluation and costs associated with the preparation, amendment or adoption of a plan of conservation and development pursuant to section 8-23. Such fund shall thereafter be termed “reserve fund for capital and nonrecurring expenditures”.
(1949 Rev., S. 793; P.A. 15-229, S. 2; P.A. 16-180, S. 3.)
History: P.A. 15-229 added costs associated with property tax revaluation to purposes for establishing reserve fund; P.A. 16-180 added provision re costs associated with preparation, amendment or adoption of plan of conservation and development pursuant to Sec. 8-23 and made a technical change.
Source: official Connecticut text · Last verified 2026-08-27
Frequently Asked Questions About Connecticut § 7-360
What does Connecticut General Statutes § 7-360 cover?
Section 7-360 ("Creation of fund.") 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 § 7-360?
A common citation format is "Connecticut General Statutes § 7-360" (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 § 7-360 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.