Vermont § 981 - Form of bonds or notes Notwithstanding any general or special law to the contrary, the State may issue bonds or notes in coupon form payable to the bearer, in registered form without coupons, or in book entry form

Full text of Vermont Vermont Statutes Online § 981 — Form of bonds or notes Notwithstanding any general or special law to the contrary, the State may issue bonds or notes in coupon form payable to the bearer, in registered form without coupons, or in book entry form, with citation guidance and answers to common questions.

§ 981. Form of bonds or notes Notwithstanding any general or special law to the contrary, the State may issue bonds or notes in coupon form payable to the bearer, in registered form without coupons, or in book entry form

  • . Bonds or notes other than those in book entry form shall be
    signed by the manual or facsimile signature of the State Treasurer or the State Treasurer’s
    deputy and countersigned by the manual or facsimile signature of the Secretary of
    State or the Secretary of State’s deputy, and the interest coupons on the bonds or
    notes, if any, shall bear the facsimile signature of the State Treasurer. The Seal
    of the State shall be affixed or imprinted on the bonds or notes. The date of issuance;
    place of payment; rate of interest, which may be fixed or variable, or manner of determining
    the rate of interest; original stated value; investment returns or manner of determining
    the same; maturity value; time of maturity; provisions with respect to redemption
    prior to maturity, at par or at a premium; sinking fund and reserve requirements;
    and other particulars as to the form of the bonds within the limitations mentioned
    under this section, shall be determined by the State Treasurer with the approval of
    the Governor as the State Treasurer may deem for the best interests of the State. (Added 1983, No. 15, eff. March 29, 1983; amended 1989, No. 276 (Adj. Sess.), § 26, eff. June 20, 1990; 1993, No. 19, § 4, eff. May 11, 1993; 2021, No. 105 (Adj. Sess.), § 472, eff. July 1, 2022.)

Source: official Vermont text · Last verified 2026-08-27

Frequently Asked Questions About Vermont § 981

What does Vermont Statutes Online § 981 cover?

Section 981 ("Form of bonds or notes Notwithstanding any general or special law to the contrary, the State may issue bonds or notes in coupon form payable to the bearer, in registered form without coupons, or in book entry form") 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 § 981?

A common citation format is "Vermont Statutes Online § 981" (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 § 981 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.