Vermont § 1767 - Computation of amount
Full text of Vermont Vermont Statutes Online § 1767 — Computation of amount, with citation guidance and answers to common questions.
§ 1767. Computation of amount
- (a)(1) In determining the amount of municipal indebtedness permitted by this subchapter,
obligations created for current expenses, for a water supply or for electric lights,
and temporary loans created in anticipation of the collection of taxes and necessary
for meeting current expenses shall not be taken into account. (2) Sinking funds and other monies set aside for the sole purpose of paying outstanding
bonds shall be deducted.
Frequently Asked Questions About Vermont § 1767
What does Vermont Statutes Online § 1767 cover?
Section 1767 ("Computation of amount") 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 § 1767?
A common citation format is "Vermont Statutes Online § 1767" (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 § 1767 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.