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
002
:
PUBLIC UTILITIES
(Cite as: 24 App. V.S.A. ch. 245, § 26)
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§ 26. Authority to form subsidiaries and enter ventures with other parties
In addition to the authority granted under otherwise applicable law, the Village has
the power and is authorized to create a corporate subsidiary or subsidiaries wholly
owned by the Village, or to establish a joint venture or ventures between the Village
or a subsidiary of the Village and any other business relationship with one or more
third parties, in order to provide communications services within or without the corporate
limits of the Village, or to provide customer-specific electric generation or cogeneration
to customers within the Village’s electric service territory; provided that, before
any such subsidiary, joint venture, or business relationship may provide communications
or customer-specific generation or cogeneration services, it shall obtain whatever
regulatory approvals may be necessary under applicable law.