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
001
:
TREASURER
(Cite as: 32 V.S.A. § 111)
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§ 111. Financial Literacy Trust Fund
(a) There is hereby established and created a fund entitled the Financial Literacy Trust
Fund to be administered by the State Treasurer. The purpose of the Fund is to promote
the adoption of fiscally sound money management practices by Vermonters through education
and outreach efforts that raise awareness of the need for and benefits of practicing
such skills and to create opportunities to build and encourage the development of
new financial literacy activities and educational products for Vermont citizens.
(b) The Fund may receive State appropriations, gifts, grants, federal funds, and any other
funds, both public and private, consistent with this section. The Funds may be expended
for financial literacy projects as the Treasurer may direct, in accordance with the
trust fund provisions of section 462 of this title.
(c) The Treasurer may invest monies in the Fund in accordance with the provisions of section 434 of this title. All balances in the Fund at the end of the fiscal year shall be carried forward
and shall not revert to the General Fund. Interest earned shall remain in the Fund.
The Treasurer’s annual financial report to the Governor and the General Assembly shall
contain an accounting of receipts, disbursements, and earnings of the Fund. (Added 2007, No. 192 (Adj. Sess.), § 6.009.)