Connecticut General Statutes/Title 31/Chapter 568/Section 31-336

CGS § 31-336. Assessments.

If an association is not possessed of funds sufficient for the payment of incurred losses and expenses, it shall make an assessment for the amount needed to pay such losses and expenses upon the members liable to assessment therefor, in proportion to their several liabilities.

Short History

(1949 Rev., S. 7476; 1958 Rev., S. 31-203; 1961, P.A. 491, S. 62.)

Long History

History: 1961 act entirely replaced previous provisions.

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