Section 2040-E. Transfer of property  


Latest version.
  • Each of the towns is authorized and
      empowered to give, grant, sell, convey, loan,  license  the  use  of  or
      lease,  to  the authority, any property or facility of the town which is
      useful in connection with the exercise by the authority  of  its  powers
      under  this title. Any such gift, grant, sale, conveyance, loan, license
      or lease shall be upon such terms and conditions, subject to the  rights
      of  the holders of any bonds or notes, as the authority and the town may
      agree.