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
:
FORM AND NATURE OF BONDS AND NOTES
(Cite as: 10 V.S.A. § 640)
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§ 640. Authorization to accept appropriated monies
The Agency is authorized to accept and expend such monies as may be appropriated or
approved from time to time by the General Assembly for effectuating its corporate
purposes including the payment of the initial expenses of administration and operation
and the establishment of reserves or contingency funds to be available for the payment
of the principal of and the interest on any bonds, notes, or other obligations of
the Agency. (Added 1973, No. 260 (Adj. Sess.), § 3, eff. April 11, 1974.)