Vermont § 782 - Adoption of compact by Dresden School District—Article XII The Dresden School District, otherwise known as the Hanover-Norwich Interstate School

§ 782. Adoption of compact by Dresden School District—Article XII The Dresden School District, otherwise known as the Hanover-Norwich Interstate School

• District, authorized by New Hampshire laws of 1961, chapter 116, and by the laws of
  Vermont, is hereby authorized to adopt the provisions of this compact and to become
  an interstate school district within the meaning hereof, upon the following conditions
  and subject to the following limitations: a. Articles of agreement shall be prepared and signed by a majority of the directors
  of the interstate school district. b. The articles of agreement shall be submitted to an annual or special meeting of the
  Dresden district for adoption. c. An affirmative vote of two-thirds of those present and voting shall be required for
  adoption. d. Nothing contained therein, or in this compact, as it affects the Dresden School District
  shall affect adversely the rights of the holders of any bonds or other evidences of
  indebtedness then outstanding, or the rights of the district to procure the means
  for payment thereof previously authorized. e. The corporate existence of the Dresden School District shall not be terminated by
  such adoption of articles of amendment, but shall be deemed to be so amended that
  it shall thereafter be governed by the terms of this compact. (Added 1967, No. 243 (Adj. Sess.).)