2013 Vermont Statutes
Title 10 Conservation and Development
Chapter 12 VERMONT ECONOMIC DEVELOPMENT AUTHORITY
§ 280x Obligations; credit of the state not pledged
280x. Obligations; credit of the state not pledged
Obligations issued under the provisions of this subchapter shall not be deemed to constitute a debt or liability of the state. Each obligation issued under this subchapter shall contain on the face thereof a statement to the effect that the authority shall not be obligated to pay the same nor the interest thereon except from the revenues or assets pledged therefor, and that neither the faith and credit nor the taxing power of the state is pledged to the payment of the principal of or the interest on such obligations. (Added 1997, No. 43, 1.)
Disclaimer: These codes may not be the most recent version. Vermont may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
