Connecticut § 8-255 - Mortgage insurance premiums.
Full text of Connecticut Connecticut General Statutes § 8-255 — Mortgage insurance premiums., with citation guidance and answers to common questions.
§ 8-255. Mortgage insurance premiums.
Sec. 8-255. Mortgage insurance premiums. The authority shall fix mortgage insurance premiums for the insurance of mortgage payments under the provisions of this chapter. Such premiums shall be computed as a percentage of the principal of the mortgage outstanding at the beginning of each mortgage year, but shall not be more than one-half of one per cent per year of such principal amount. The amount of premium need not be uniform for all insured loans. Such premiums shall be payable by mortgagors or mortgagees in such manner as prescribed by the authority.
(1969, P.A. 795, S. 16.)
Source: official Connecticut text · Last verified 2026-08-27
Frequently Asked Questions About Connecticut § 8-255
What does Connecticut General Statutes § 8-255 cover?
Section 8-255 ("Mortgage insurance premiums.") 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 § 8-255?
A common citation format is "Connecticut General Statutes § 8-255" (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 § 8-255 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.