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
:
MANAGEMENT
(Cite as: 32 V.S.A. § 432)
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§ 432. Management of invested State money
In the management of funds and securities belonging to the State or held in the Treasury,
with approval of the Governor, he or she may change the form of investment thereof
by exchange of securities or by sale and reinvestment of the same, as may be required
for the safety and permanent security of such funds; may collect accruing interest
and reinvest the same; and may collect, enforce payment of, and reinvest all maturing
securities and obligations and, for such purposes, may make legal transfers of the
title of the same. (Amended 2007, No. 121 (Adj. Sess.), § 26.)