The Vermont Statutes Online
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
NOTE: The online version of the Vermont Statutes does NOT yet include the actions of the 2023 legislative session. The 2023 updates should be available by the end of October.
Title 16 : Education
Chapter 079 : SCHOLARSHIPS; REPORTS
(Cite as: 16 V.S.A. § 2541)-
§ 2541. Armed Services Scholarship Fund
(a) An Armed Services Scholarship Fund is established to comprise appropriations made by the General Assembly. The Fund shall be managed pursuant to 32 V.S.A. chapter 7, subchapter 5 and shall be available to the Military Department for the Armed Services Scholarships established in section 2537 of this title.
(b) All balances in the Fund at the end of any fiscal year shall be carried forward and used only for the purposes set forth in this section. Earnings of the Fund that are not withdrawn pursuant to this section shall remain in the Fund. (Added 2003, No. 127 (Adj. Sess.), § 6; amended 2013, No. 50, § E.219.3.)