Vermont § 1557 - Transfer charges and credits
Full text of Vermont Vermont Statutes Online § 1557 — Transfer charges and credits, with citation guidance and answers to common questions.
§ 1557. Transfer charges and credits
- (a) The Commissioner of Buildings and General Services shall establish a system of transfer
charges and credits by which an agency or department shall be charged for the receipt
of surplus property together with reasonable costs of transfer and reconditioning;
and by which an agency or department shall be credited with the proceeds of any sale
or transfer of surplus property less any costs of transfer and reconditioning. (b) Transfer charges and credits shall be made against the appropriation of the respective
department or agency. Funds credited shall be classified as special funds, and managed
in accordance with 32 V.S.A. chapter 7, subchapter 5; provided, however, that any
funds credited to the Agency of Transportation shall be transferred to the Transportation
Fund. (Added 1979, No. 164 (Adj. Sess.), § 1, eff. April 25, 1980; amended 1995, No. 148 (Adj. Sess.), § 4(a), eff. May 6, 1996; 1995, No. 178 (Adj. Sess.), § 421, eff. May 22, 1996; 2009, No. 50, § 67.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 1557
What does Vermont Statutes Online § 1557 cover?
Section 1557 ("Transfer charges and credits") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 1557?
A common citation format is "Vermont Statutes Online § 1557" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 1557 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.