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2023 Vermont Statutes
Title 24 Appendix - Municipal Charters
Chapter 403 - Central Vermont Solid Waste Management District
App § 39. Sinking fund
Universal Citation: 24A V.S.A. § 39
§ 39. Sinking fund
The Board of Supervisors may establish and provide for a sinking fund, however denominated, for the retirement of bond issue or other debt, or to provide security for its payment. When so established, it may be kept intact and separate from other monies at the disposal of the District, and may be accounted for as a pledged asset for the purpose of retiring or securing such obligations. The cost of payments to any sinking fund may be included in the annual budget of the District. (Amended 2017, No. M-1, § 1.)
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