Go to Other Versions of The Vermont Stat.
  1. 2025 Vermont Stat. (here)
  2. 2024 Vermont Stat.
  3. 2023 Vermont Stat.
  4. View All Versions

2025 Vermont Statutes
Title 3 - Executive
Chapter 20 - Vermont Baby Bond Trust
§ 603. Treasurer’s Trust authority

Universal Citation:
3 VT Stats § 603
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
Previous Next

§ 603. Treasurer’s Trust authority

The Treasurer, on behalf of the Trust and for purposes of the Trust, may:

(1) receive and invest monies in the Trust in any instruments, obligations, securities, or property in accordance with section 604 of this title;

(2) enter into one or more contractual agreements, including contracts for legal, actuarial, accounting, custodial, advisory, management, administrative, advertising, marketing, or consulting services, for the Trust and pay for such services from the assets of the Trust;

(3) procure insurance in connection with the Trust’s property, assets, activities, or deposits and pay for such insurance from the assets of the Trust;

(4) apply for, accept, and expend gifts, grants, and donations from public or private sources to enable the Trust to carry out its objectives;

(5) adopt rules pursuant to chapter 25 of this title;

(6) sue and be sued;

(7) establish one or more funds within the Trust and expend reasonable amounts from the funds for internal costs of administration; and

(8) take any other action necessary to carry out the purposes of this chapter. (Added 2023, No. 184 (Adj. Sess.), § 17, eff. July 1, 2024; amended 2025, No. 18, § 13, eff. May 13, 2025.)

Previous Next
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.