Sec. 47a-22a. Security deposits of senior citizens and disabled persons in public housing, interest payable. - Connecticut Statutes

      Sec. 47a-22a. Security deposits of senior citizens and disabled persons in public housing, interest payable. Any housing authority, community housing development corporation, or other corporation approved by the Commissioner of Social Services for state financial assistance to provide public housing for senior citizens and disabled persons under the provisions of part VI or VII of chapter 128 shall return any security deposit with interest at a rate of not less than four per cent per annum and, on and after October 1, 1982, at a rate of not less than five and one-quarter per cent per annum, to any tenant who has resided in such housing for at least one year.

      (P.A. 79-371; P.A. 82-246, S. 2; P.A. 93-262, S. 1, 87.)

      History: P.A. 82-246 amended section to change interest rate from 4% to 5.25%; P.A. 93-262 authorized substitution of commissioner and department of social services for commissioner and department on aging, effective July 1, 1993.