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.
(Cite as: 8 V.S.A. § 8009)
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§ 8009. Reserve requirements
A provider shall maintain a reserve fund equal to annual principal and interest payments
on all debt or 15 percent of annual operating expenses, whichever is greater. The
Department may require that these funds be placed in an escrow account, or other similarly
secure investment where the funds are protected. The Department shall approve any
withdrawal or borrowing from these funds and shall monitor repayment. (Added 1987, No. 247 (Adj. Sess.), § 1.)