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. 289, § 5)
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§ 5. Board of Trustees
(a) The Board of Trustees shall have the general care and management of the prudential
interests and affairs of the corporation; shall draw orders upon the Treasurer for,
and direct the expenditure of all monies belonging to, the corporation; and generally
perform all duties legally enjoined upon it by the corporation. The Board of Trustees
shall have power to abate taxes imposed by the corporation subject to the same limitations
and for the same causes provide in section 3519 of the Public Statutes.
(b) All powers vested in the Board may be exercised by a majority of its members. (Added 1912, No. 334, § 4.)