Vermont § 1109 - Bonds; maturities All bonds issued under this subchapter shall be payable serially, the first payment

Full text of Vermont Vermont Statutes Online § 1109 — Bonds; maturities All bonds issued under this subchapter shall be payable serially, the first payment, with citation guidance and answers to common questions.

§ 1109. Bonds; maturities All bonds issued under this subchapter shall be payable serially, the first payment

  • to be deferred not more than five years after date of issue and subsequent payments
    to be continued annually in equal or diminishing amounts so that the entire debt will
    be paid in not more than 25 years from the date of issue or as may be otherwise permitted
    by law. (Amended 2013, No

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

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Frequently Asked Questions About Vermont § 1109

What does Vermont Statutes Online § 1109 cover?

Section 1109 ("Bonds; maturities All bonds issued under this subchapter shall be payable serially, the first payment") 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 § 1109?

A common citation format is "Vermont Statutes Online § 1109" (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 § 1109 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.