There is a newer version of the Vermont Statutes
2013 Vermont Statutes
Title 24 Appendix Municipal Charters
Chapter 107 TOWN OF BRATTLEBORO
§ 7.07 Borrowing in anticipation of taxes
24A V.S.A. § 7.07 What's This?
107-7.7. Borrowing in anticipation of taxes
The Selectboard and the school directors may borrow money, at the most favorable rate of interest they can obtain, in anticipation of Town and School District revenues to be collected within the fiscal year. (Amended 2003, No. M-6, 2.)
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