Vermont § 3617 - Duties; use of proceeds
Full text of Vermont Vermont Statutes Online § 3617 — Duties; use of proceeds, with citation guidance and answers to common questions.
§ 3617. Duties; use of proceeds
- (a) The charges and receipts of the department shall only be used and applied to pay the
interest and principal of the sewage disposal bonds of the municipal corporation,
the expense of maintenance and operation of the sewage system, or other expenses of
the sewage system. (b) The charges and receipts also may be used to develop a dedicated fund that may be
created by the board to finance major rehabilitation, major maintenance, and upgrade
costs for the sewer system. This fund may be established by an annual set-aside of
up to 15 percent of the normal operations, maintenance, and bond payment costs, except
that with respect to subsurface leachfield systems, the annual set-aside may equal
up to 100 percent of these costs. The fund shall not exceed the estimated future major
rehabilitation, major maintenance, or upgrade costs for the sewer system. Any dedicated
fund shall be insured at least to the level provided by FDIC and withdrawals shall
be made only for the purposes for which the fund was established. Any dedicated fund
may be established and controlled in accord with section 2804 of this title or may be established by act of the legislative body of the municipality. Funds so
established shall meet the requirements of subdivision 4756(a)(4) of this title. (c) Where the municipal legislative body establishes a dedicated fund pursuant to this
section, it shall first adopt a municipal ordinance authorizing and controlling the
funds. The ordinance and any local policies governing the funds must conform to the
requirements of this section. (d) The charges, receipts, and revenue may also be used for stormwater management, control,
and treatment; flood resiliency; floodplain restoration; and other similar measures. (Amended 1967, No. 181, § 3, eff. April 17, 1967; 1989, No. 45, § 6; 2003, No. 115 (Adj. Sess.), § 81, eff. Jan. 31, 2005; renumbered from 24 V.S.A. § 3616 by 2023, No. 143 (Adj. Sess.), § 13, eff. July 1, 2024.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 3617
What does Vermont Statutes Online § 3617 cover?
Section 3617 ("Duties; use of proceeds") 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 § 3617?
A common citation format is "Vermont Statutes Online § 3617" (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 § 3617 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.