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2023 Vermont Statutes
Title 16 - Education
Chapter 123 - State Aid for Capital Construction Costs
§ 3456. Limit of indebtedness
Universal Citation: 16 V.S.A. § 3456
§ 3456. Limit of indebtedness
The amount of indebtedness of an incorporated school district, town school district, or union school district incurred to finance any project approved under sections 3447-3456 of this title shall not be considered a part of the indebtedness of such local district for the purpose of determining its debt limit, as provided by 24 V.S.A. § 1762, or otherwise. (Added 1953, No. 256, § 10; amended 1955, No. 266, § 2; 2013, No. 92 (Adj. Sess.), § 222, eff. Feb. 14, 2014.)
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