24APPENDIX V.S.A. § 1117
This is the official text of 24APPENDIX V.S.A. § 1117, 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. § 5-1117. Use of unexpended bond proceeds
Official statutory text
(a) The proceeds of all bonds or notes shall be used for the purpose for which they were authorized. However, any unexpended balance remaining after carrying out the purpose for which they were authorized may, by vote of any annual or special City meeting duly warned and held for that purpose, be authorized for any purpose for which bonds may be issued, in accordance with general law, or transferred to a sinking fund established by the Council.
(b) [Repealed.]
(b) [Repealed.]
Status: repealed · Read it on the official government site
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