The Vermont Statutes Online
The Vermont Statutes Online have been updated to include the actions of the 2023 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Title 24 Appendix : Municipal Charters
Chapter 005 : City of Montpelier
Subchapter 011 : Indebtedness; Sinking Fund; Bonds and Notes for Improvements
(Cite as: 24 App. V.S.A. ch. 5, § 1121)-
§ 1121. Limitations
The credit of the City shall not be pledged, except in the manner herein provided, and the City Council shall not expend in any year a sum of money in excess of the revenues of the City for that year or increase the indebtedness of the City, except as provided by this charter or to meet obligations imposed by law. (Amended 2013, No. M-19 (Adj. Sess.), § 2, eff. May 20, 2014.)
