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2005 Vermont Code - § 8057. — Obligations not obligations of the state

§ 8057. Obligations not obligations of the state

The authority shall have the benefit of sovereign immunity to the same extent as the state of Vermont. Notwithstanding the foregoing, obligations of the authority under a contract authorized by this chapter shall not be deemed to constitute an obligation, indebtedness or a lending of credit of the state. (Added 2003, No. 121 (Adj. Sess.), § 101, eff. June 8, 2004.)

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