Regulations of Connecticut State Agencies (Last Updated: June 14,2023) |
Title49 Mortgages and Liens |
SubTitle49-2b-1_49-2b-4. Payment of Interest on Funds in Escrow by Mortgagees |
Sec.49-2b-3. Payment of interest upon final repayment of mortgage
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If the mortgage debt is paid prior to December thirty-first, the mortgagee shall promptly pay to the mortgagor any interest remaining as a credit to the escrow account of the mortgagor, computed to the date of final repayment of the mortgage debt.
(Adopted effective March 30, 2007)