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
001
:
INDEBTEDNESS GENERALLY
(Cite as: 24 V.S.A. § 1771)
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§ 1771. Refunding bonds; authorization
A municipal corporation that has outstanding and unpaid orders, notes, bonds, or coupons,
lawfully issued, may issue other negotiable notes or bonds to pay or retire the same.
Such bonds shall be signed, sold, made payable, and mature in the same manner as an
original issue of bonds of a municipal corporation is signed, sold, made payable,
and mature, as provided in this subchapter.