Vermont § 991 - Definitions As used in this subchapter: (1) “Private activity bond” shall have the meaning ascribed to it in Section 141 of the Internal Revenue Code of 1986, as amended

Full text of Vermont Vermont Statutes Online § 991 — Definitions As used in this subchapter: (1) “Private activity bond” shall have the meaning ascribed to it in Section 141 of the Internal Revenue Code of 1986, as amended, with citation guidance and answers to common questions.

§ 991. Definitions As used in this subchapter: (1) “Private activity bond” shall have the meaning ascribed to it in Section 141 of the Internal Revenue Code of 1986, as amended

  • . The use of such term in this subchapter is for reference purposes only,
    and shall not imply that the State of Vermont agrees that any bond issued in accordance
    with such section is for a “private activity.” (2) “Issuing authority” means any agency or governmental unit or instrumentality of the
    State, or any public corporation established by the State, authorized by law to issue
    private activity bonds, including municipal corporations. It shall include, without
    limiting the generality of the foregoing, the Vermont Economic Development Authority,
    the Vermont Housing Finance Agency, the Vermont Municipal Bond Bank, and the Vermont
    Student Assistance Corporation. (Added 1985, No. 25, § 1; amended 1987, No. 36, § 1, eff. Jan. 1, 1988; 1993, No. 89, § 3(a), eff. June 15, 1993.)

Source: official Vermont text · Last verified 2026-08-27

Frequently Asked Questions About Vermont § 991

What does Vermont Statutes Online § 991 cover?

Section 991 ("Definitions As used in this subchapter: (1) “Private activity bond” shall have the meaning ascribed to it in Section 141 of the Internal Revenue Code of 1986, as amended") 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.

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Is this the official text of Vermont law?

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How does Vermont § 991 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

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