Vermont § 1765 - Advertisement
Full text of Vermont Vermont Statutes Online § 1765 — Advertisement, with citation guidance and answers to common questions.
§ 1765. Advertisement
- (a)(1) Except as provided in section 4650 of this title, bonds issued under this subchapter shall be sold at par, premium, or discount, and
accrued interest, after being advertised at least once not less than five nor more
than 30 days before the date of sale in a newspaper published in the county or within
50 miles of the municipal corporation issuing the bonds and, in case of issues exceeding
$1,000,000.00, also in some financial paper published in Boston, Massachusetts, or
New York, New York. (2) The advertisement shall state the amounts, date, and denominations of the bonds, dates
of maturity, rate of interest, or that the bidding shall be based thereon, and the
time and place where the bonds are to be sold. (b)(1) The legislative branch may reject any and all bids. (2) In case all bids are so rejected, they may advertise and call for new bids in the
manner hereinbefore provided, or in case, after the bonds have been advertised for
sale as provided in this subchapter, no bids have been received, or all bids have
been rejected and the whole or any part of the bonds remain unsold, those unsold may,
within 60 days from the date of the public sale, be sold by the legislative branch
at private sale at not less than par and accrued interest.
Frequently Asked Questions About Vermont § 1765
What does Vermont Statutes Online § 1765 cover?
Section 1765 ("Advertisement") 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 § 1765?
A common citation format is "Vermont Statutes Online § 1765" (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 § 1765 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.