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Searching 2017-2018 Session

The Vermont Statutes Online

Title 24 : Municipal and County Government

Chapter 119 : MUNICIPAL BOND BANK

Subchapter 005 : SALE AND ISSUANCE OF BONDS AND NOTES

(Cite as: 24 V.S.A. § 4655)
  • § 4655. Presumption of validity

    After issuance, all bonds or notes of the bank shall be conclusively presumed to be fully authorized and issued by all the laws of this state, and any person or governmental unit shall be stopped from questioning their authorization, sale, issuance, execution or delivery by the bank. (Added 1969, No. 216 (Adj. Sess.), § 3, eff. March 27, 1970.)