Vermont § 4781 - Eligibility and loan application

Full text of Vermont Vermont Statutes Online § 4781 — Eligibility and loan application, with citation guidance and answers to common questions.

§ 4781. Eligibility and loan application

  • (a) The Vermont Economic Development Authority (VEDA) is authorized to make loans on behalf
    of the State to private entities for a clean water project; provided, however, that
    no State funds are used. Such loans shall be issued and administered by VEDA pursuant
    to this subchapter. (b) A private entity may apply to VEDA for a loan from the Vermont Environmental Protection
    Agency Pollution Control Revolving Fund, established in section 4753 of this title, for a clean water project. The loan proceeds shall be used to acquire, design, plan,
    construct, enlarge, repair, improve, or implement a clean water project. Loan proceeds
    shall not be used for operation and maintenance expenses or laboratory fees for monitoring. (c) The Secretary and VEDA may prescribe any form of application or procedure for a loan
    hereunder, request from an applicant any information deemed necessary to implement
    this subchapter, and impose an application fee and an administrative fee determined
    reasonable and necessary to cover administrative costs. Fee proceeds shall be deposited
    in the administrative fee account established in subsection 4755(a) of this chapter. (Added 2017, No. 185 (Adj. Sess.), § 11, eff. May 28, 2018.)

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Frequently Asked Questions About Vermont § 4781

What does Vermont Statutes Online § 4781 cover?

Section 4781 ("Eligibility and loan application") 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 § 4781?

A common citation format is "Vermont Statutes Online § 4781" (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 § 4781 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.