Vermont § 261 - Additional powers In addition to powers enumerated elsewhere in this chapter, the Authority may:
Full text of Vermont Vermont Statutes Online § 261 — Additional powers In addition to powers enumerated elsewhere in this chapter, the Authority may:, with citation guidance and answers to common questions.
§ 261. Additional powers In addition to powers enumerated elsewhere in this chapter, the Authority may:
- (1) Make loans secured by mortgages or other assets, which may be subordinate to one or
more prior mortgages or liens, upon application by the proposed obligor, who may be
a private corporation, nonprofit organization, partnership, person, or municipality
financing an eligible project described in subdivision 212(6) of this title, upon such terms as the Authority may prescribe, for the purpose of financing the
establishment or expansion of eligible facilities
Frequently Asked Questions About Vermont § 261
What does Vermont Statutes Online § 261 cover?
Section 261 ("Additional powers In addition to powers enumerated elsewhere in this chapter, the Authority may:") 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 § 261?
A common citation format is "Vermont Statutes Online § 261" (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 § 261 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.