2013 Vermont Statutes
Title 24 Appendix Municipal Charters
Chapter 3 CITY OF BURLINGTON
§ 437 Same-Anticipation notes


24A V.S.A. § 437 What's This?

3-437. Same-Anticipation notes

Unless otherwise provided in the authorizing proceedings, if bonds are authorized under this article, temporary notes may be issued in anticipation thereof. The Board of Light Commissioners may delegate the sale of temporary notes to an officer or officers thereof. The principal of and interest on notes may be renewed or paid from time to time by the issue of other notes. Except as otherwise provided, notes issued under this section shall be governed by the provisions of this article relating to bonds insofar as the same may be applicable.

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