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Code · Vermont · Title 24 — Municipal and County Government · Chapter 87

§ 3265.

62 words·~1 min read·/vt/title-24/chapter-87/3265

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§ 3265. Liability of municipality
(a)A municipality that incurs indebtedness for or otherwise finances projects under this subchapter shall not be liable for the failure of performance of a project.
(b)A municipality that incurs indebtedness for bonding under this subchapter shall pledge the full faith and credit of the municipality. (Added 2009, No. 45, § 15j, eff. May 27, 2009.)
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