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Searching 2017-2018 Session

The Vermont Statutes Online

Title 24 : Municipal and County Government

Chapter 119 : MUNICIPAL BOND BANK

Subchapter 004 : Form and Nature of Bonds and Notes

(Cite as: 24 V.S.A. § 4622)
  • § 4622. Negotiability of bonds or notes

    Whether or not the notes and bonds are of such form and character as to be negotiable instruments under the terms of the Uniform Commercial Code section 1-101 et seq. of Title 9A, the notes and bonds are hereby made negotiable instruments within the meaning of and for all the purposes of said Uniform Commercial Code, subject only to the provisions of the notes and bonds for registration or for their issuance in book entry form. (Added 1969, No. 216 (Adj. Sess.), § 3, eff. March 27, 1970; amended 1983, No. 12, § 3, eff. March 29, 1983.)