There is a newer version of the Vermont Statutes
2013 Vermont Statutes
Title 24 Municipal and County Government
Chapter 119 MUNICIPAL BOND BANK
§ 4655 Presumption of validity
24 V.S.A. § 4655 What's This?
4655. Presumption of validity
After issuance, all bonds or notes of the bank shall be conclusively presumed to be fully authorized and issued by all the laws of this state, and any person or governmental unit shall be stopped from questioning their authorization, sale, issuance, execution or delivery by the bank. (Added 1969, No. 216 (Adj. Sess.), 3, eff. March 27, 1970.)
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