The Vermont Statutes Online
The Statutes below include the actions of the 2024 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 24 : Municipal and County Government
Chapter 119 : Vermont Bond Bank
Subchapter 005 : SALE AND ISSUANCE OF BONDS AND NOTES
(Cite as: 24 V.S.A. § 4655)-
§ 4655. Presumption of validity
After issuance, all bonds or notes of the Bank shall be conclusively presumed to be fully authorized and issued by all the laws of this State, and any person or governmental unit shall be stopped from questioning their authorization, sale, issuance, execution, or delivery by the Bank. (Added 1969, No. 216 (Adj. Sess.), § 3, eff. March 27, 1970.)
