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
:
MERGER TRANSITION PROVISIONS
(Cite as: 24 App. V.S.A. ch. 142, § 103)
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§ 103. Finances
On the effective merger date:
(1) the funds and other assets of the Village of Richford for its General Fund, along
with its corresponding liabilities, shall become those of the Town of Richford for
its General Fund;
(2) the funds and other assets of the Village of Richford for its Highway Account, along
with its corresponding liabilities, shall become those of the Town of Richford for
its Highway Account;
(3) the funds and other assets of the Village of Richford for its Water Department, along
with its corresponding liabilities, shall become those of the Town of Richford for
its Water Department;
(4) the funds and other assets of the Village of Richford for its Sewer Department, along
with its corresponding liabilities, shall become those of the Town of Richford for
its Sewer Department; and
(5) all of the other funds, assets, and liabilities of the Village of Richford, except
as herein specifically provided shall become those of the Town of Richford as part
of its General Fund and of its general assets and liabilities. (Added 1997, No. M-11 (Adj. Sess.), § 2, eff. Jan. 1, 1999.)