2013 Vermont Statutes
Title 10 Conservation and Development
Chapter 12 VERMONT ECONOMIC DEVELOPMENT AUTHORITY
§ 222a Indemnification fund


10 V.S.A. § 222a What's This?

222a. Indemnification fund

There is hereby created an indemnification fund to be held by the state treasurer to support the activities of the authority under this subchapter and subchapter 8 of this chapter. The fund shall not be subject to the provisions of subchapter 5 of chapter 7 of Title 32. To the fund shall be deposited:

(1) all annual net revenues to the state from the funds created under sections 222 (industrial building mortgage insurance fund) and 279 (Vermont financial access program) of this title; and

(2) all interest and other earnings of the fund. (Added 2005, No. 6, 87b, eff. March 26, 2005.)

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