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: 30 V.S.A. § 3076)
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§ 3076. Indebtedness
The board may borrow money through the issuance of notes of the district for the purpose
of paying current expenses of the district. Such notes shall mature within one year,
and may be refunded in the manner provided by law, and shall be payable solely from
the district’s operating revenues. The governing board may borrow money in anticipation
of the receipt of grants-in-aid from any source and any revenues. Such notes shall
mature within one year, but may be renewed as provided by general law. (Added 2015, No. 41, § 20, eff. June 1, 2015.)