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.
(Cite as: 24 App. V.S.A. ch. 261, § 25)
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§ 25. Corporation empowered to borrow money and issue bonds and notes therefor
Said Village, at an annual meeting, or any special meeting called for that purpose,
is hereby authorized and empowered to vote to borrow money for any of the purposes
herein mentioned and to issue its notes and bonds therefor, which bonds and notes
shall be signed by the trustees and countersigned by the Treasurer of said Village,
and payable at such time or times as said Village may direct; provided, however, that
no vote to borrow money or for the issue of notes or bonds, shall be taken at any
meeting for which the call or warrant does not specify that purpose. Before said
notes and bonds shall issue a record thereof shall be made in a book kept for that
purpose in the office of the Treasurer of said Village. (Added 1892, No. 114, § 25.)