If there is a default in the payment of the principal or interest upon any of such bonds, any court having jurisdiction may, upon application and for cause shown, appoint a receiver to administer such waterworks system on behalf of the municipality.(1949 Rev., S. 762.)
Connecticut Legal Code
§ 7.243
Connecticut Title 7 — Connecticut law
Source: https://www.cga.ct.gov/current/pub/chap_102.htm#sec_7-243· Version 2026