Vermont § 4824 - State financial assistance awards
Full text of Vermont Vermont Statutes Online § 4824 — State financial assistance awards, with citation guidance and answers to common questions.
§ 4824. State financial assistance awards
- (a) State grant. State financial assistance awarded under this subchapter shall be in the form of a
grant. When a State grant is intended to match federal financial assistance for the
same on-farm improvement project, the State grant shall be awarded only when the federal
financial assistance has also been approved or awarded. An applicant for a State grant
shall pay at least 10 percent of the total eligible project cost. The dollar amount
of a State grant shall be equal to the total eligible project cost, less 10 percent
of the total as paid by the applicant, and less the amount of any federal assistance
awarded, except that a State grant shall not exceed 90 percent of the total eligible
project cost. (b) Grant terms. A State grant awarded to an applicant under this subchapter shall be awarded in accordance
with a State grant containing terms substantially the same as those required for receipt
of a federal award for the same purpose from the U.S. Department of Agriculture, except
as provided by the Secretary by rule. (Added 1995, No. 62, § 37, eff. April 26, 1995; amended 2003, No. 42, § 2, eff. May 27, 2003; 2007, No. 112 (Adj. Sess.), § 3, eff. May 3, 2008; 2011, No. 104 (Adj. Sess.), § 28b, eff. May 7, 2012; 2015, No. 39, § 5.)
Frequently Asked Questions About Vermont § 4824
What does Vermont Statutes Online § 4824 cover?
Section 4824 ("State financial assistance awards") 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 § 4824?
A common citation format is "Vermont Statutes Online § 4824" (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 § 4824 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.