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. 801, § 8)
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§ 8. Termination of membership
(a) A member municipality may withdraw from membership in the Authority if notification
of withdrawal is given more than one year after the member municipality joined such
Authority. The withdrawal shall take effect at the end of the first full fiscal year
following such notification of withdrawal, such notification to be in the form of
a resolution duly adopted by the legislative body of the withdrawing member and delivered
to the Board of Commissioners at a regular meeting thereof.
(b) Notwithstanding subsection (a) of this section, upon giving notice as required by
subsection (a), a member municipality may withdraw from the Authority after the Authority
has voted to bond itself in accordance with the provisions hereof but shall continue
to be liable for its share of all existing indebtedness incurred under 24 V.S.A. chapter
53 at the time notice of its withdrawal is given. (Added 1973, No. 122, § 8, eff. Feb. 2, 1973.)