Vermont § 7 - Village Treasurer
Full text of Vermont Vermont Statutes Online § 7 — Village Treasurer, with citation guidance and answers to common questions.
§ 7. Village Treasurer
- (a) The Village Treasurer shall be a Village resident or nonresident appointed by the
Board of Trustees at the first meeting of the Board of Trustees following each annual
meeting of the Village. These appointments shall be recorded in the office of the
Village Clerk. After appointment, the Village Treasurer shall appoint one or more
assistant Village treasurers with the approval of the Board of Trustees, for whose
official acts the Village Treasurer shall be responsible. (b) The Village Treasurer shall have all the authority, duties, and responsibilities that
are conferred upon the office of town treasurer by the general law of the State of
Vermont. (c) With the approval of the Board of Trustees, and consistent with duly adopted investment
policies, the Village Treasurer shall invest Village funds or place them in interest-bearing
accounts that are suitable and proper for municipal funds to be safeguarded and kept.
These funds may be drawn upon by the Village Treasurer or assistant Village treasurer,
upon orders approved by the Board of Trustees. (d) The Village and the Board of Trustees may establish special funds from time to time
that may be pooled for investment purposes by the Village Treasurer who shall keep
separate accounting for each fund. Interest and other gains and losses accruing to
the account shall be credited to each component special fund based on the reconciled
average balance of the individual components, proportionalized as necessary.
Frequently Asked Questions About Vermont § 7
What does Vermont Statutes Online § 7 cover?
Section 7 ("Village Treasurer") 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 § 7?
A common citation format is "Vermont Statutes Online § 7" (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 § 7 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.