24APPENDIX V.S.A. § 1109
This is the official text of 24APPENDIX V.S.A. § 1109, part of Vermont’s V.S.A — part of the compiled statutory law of Vermont, published by the state as "V.S.A." Browse the sections below, each linked to its official government source.
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App. § 5-1109. Bonds; maturities
Official statutory text
All bonds issued under this subchapter shall be payable serially, the first payment to be deferred not more than five years after date of issue and subsequent payments to be continued annually in equal or diminishing amounts so that the entire debt will be paid in not more than 25 years from the date of issue or as may be otherwise permitted by law.
Status: in_force · Read it on the official government site
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