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2011 Vermont Code
Title 24 Appendix Municipal Charters
Chapter 11 CITY OF ST. ALBANS
§ 29 Borrowing in Anticipation of Taxes


24 VT Stats App. § 11-29. (2011 through Adj Sess) What's This?

§ 11-29. Borrowing in Anticipation of Taxes

The city council may borrow money at the most favorable rate of interest it can obtain in anticipation of city revenues to be collected within the fiscal year.

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