§ 406.
53 words·~1 min read·
/vt/406-14A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 406. Short-term indebtedness
The Board of Supervisors is authorized to borrow money through the issuance of notes for the purpose of paying the current expenses of the District. Such notes must bear a maturity date within one year but may be renewed in accordance with the provisions of 24 V.S.A. chapter 53.