Connecticut § 8-254 - Applications for mortgage insurance.
Full text of Connecticut Connecticut General Statutes § 8-254 — Applications for mortgage insurance., with citation guidance and answers to common questions.
§ 8-254. Applications for mortgage insurance.
Sec. 8-254. Applications for mortgage insurance. All applications for mortgage insurance shall be forwarded, together with an application fee prescribed by the authority, to the executive director of the authority. The authority shall cause an investigation of the proposed housing to be made, review the application and the report of the investigation, and approve or deny the application. No application shall be approved unless the authority finds that it is consistent with the purposes of this chapter and further finds that the financing plan for the proposed housing is sound. The authority shall notify the applicant and the proposed lender of its decision. Any such approval shall be conditioned upon payment to the authority, within such reasonable time and after notification of approval as may be specified by the authority, of the commitment fee prescribed by the authority.
(1969, P.A. 795, S. 14.)
Source: official Connecticut text · Last verified 2026-08-27
Frequently Asked Questions About Connecticut § 8-254
What does Connecticut General Statutes § 8-254 cover?
Section 8-254 ("Applications for mortgage insurance.") 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 § 8-254?
A common citation format is "Connecticut General Statutes § 8-254" (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 § 8-254 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.