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. 207, § 26)
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§ 26. Application of sewerage management
The rents and receipts of said corporation for the use of sewerage shall first be
applied to pay the annual principal and interest as it becomes due upon sewerage bonds
issued by said corporation, and whenever such rents and receipts shall exceed the
amount required to pay such principal and interest, and the interest of any other
sewerage bonds of said corporation to pay such excess, in the necessary repairs, management,
and addition to said sewerage; and the balance of such excess, if any, shall be applied
to Sewerage Department operations for ensuing years. Any deficit shall also be applied
to Sewerage Department operations for ensuing years.