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 10 : Conservation and Development
Chapter 025 : Vermont Housing Finance Agency
Subchapter 004 : Form and Nature of Bonds and Notes
(Cite as: 10 V.S.A. § 640)-
§ 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.)
