The Vermont Statutes Online
The Statutes below include the actions of the 2025 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.
Subchapter
004
:
ADMINISTRATION
(Cite as: 6 V.S.A. § 256)
-
§ 256. Marketing Rule Fund
(a) A special administrative fund, to be known as the Marketing Rule Fund, is created
for the purpose of holding monies collected by the Secretary under this chapter. The
fund shall be organized and managed in accordance with 32 V.S.A. chapter 7, subchapter
5 (special funds). Notwithstanding 32 V.S.A. § 588(3), interest earned by the Fund shall be credited to and retained by the Fund and annually
carried forward as part of the Fund balance.
(b) Any monies remaining in the Fund at the close of a marketing season may, at the discretion
of the applicable board, be refunded on a pro rata basis to all producers from whom
the money was collected.
(c) Upon the termination of any marketing rule, the Secretary shall refund on a pro rata
basis to all applicable producers any monies remaining and not required to defray
the cost of operating the marketing rule, except when the cost of administering the
refund would exceed the monies available. (Added 1993, No. 73, § 1, eff. June 10, 1993; amended 2003, No. 42, § 2, eff. May 27, 2003.)