The Vermont Statutes Online
Subchapter 007 : Annual Settlements; Records; Monies(Cite as: 24 V.S.A. § 992)
§ 992. Annual settlements; penalty
Not less than 25 days before each annual town meeting, all officials and other persons authorized to receive or disburse money belonging to a town shall settle their accounts with the auditors of such town, and the treasurer shall include in such settlement his or her accounts as town school district treasurer. When an officer refuses or neglects to make such settlement, he or she shall be ineligible to reelection for the year ensuing.