Vermont § 4551 - Definitions As used in this chapter:
Full text of Vermont Vermont Statutes Online § 4551 — Definitions As used in this chapter:, with citation guidance and answers to common questions.
§ 4551. Definitions As used in this chapter:
- (1) “Bank” means the Vermont Bond Bank established by section 4571 of this title. (2) “Bonds” means bonds of the Bank issued under this chapter. (3) “County” means any county of the State. (4) “General Fund” means the fund established under section 4676 of this title. (5) “Governmental unit” means any county, municipality, or public body. (6) “Issue,” when used in reference to bonds or notes, means the physical delivery thereof
or the effectuation thereof in book entry form, in each case against payment therefor. (7) “Municipal bond” means a bond or note or evidence of debt or financing arrangement
of a governmental unit, including a bond, note, or evidence of debt, constituting
a general obligation of a governmental unit, but does not include any bond or note
or evidence of debt issued by any other state or any public body or municipal corporation
thereof. (8) “Municipality” means any city, town, village, town school district, incorporated school
district, union school district, or other school district, fire district, consolidated
sewer district, consolidated water district, or solid waste district organized under
the laws of the State, and also includes every municipal corporation identified in
subdivision 1751(1) of this title. (9) “Notes” means any notes of the Bank issued under this chapter. (10) “Public body” means any public body corporate and politic or any political subdivision
of the State established under any law of the State. (11) “Reserve Fund” means the Vermont Bond Bank Reserve fund established under section 4671 of this title. (12) “Revenues” means all fees, charges, monies, profits, payments of principal of or interest
on municipal bonds and revenue bonds and other investments, gifts, grants, contributions,
appropriations, and all other income derived or to be derived by the Bank under this
chapter. (13) “Revenue bond” means a bond or note or evidence of debt constituting an obligation
or financing arrangement of a governmental unit authorized under laws of the State
and payable solely from revenues derived from the financed asset, enterprise funds,
or other specified revenues and the earnings thereon. (14) “Revenue Bond Reserve Fund” means the Vermont Bond Bank Revenue Bond Reserve Fund
established under section 4681 of this title. (15) “Revenue Fund” means the Vermont Bond Bank Revenue Fund established under section 4683 of this title. (Added 1969, No. 216 (Adj
Frequently Asked Questions About Vermont § 4551
What does Vermont Statutes Online § 4551 cover?
Section 4551 ("Definitions As used in this chapter:") 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 § 4551?
A common citation format is "Vermont Statutes Online § 4551" (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 § 4551 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.