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 6 : Agriculture
Chapter 024 : Agricultural Marketing Rules
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.)
