Vt. Stat. Ann. tit. 24, § 4785
Liability against default
Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
Under no circumstance shall the State become responsible for owning or operating a clean water project when the loan recipient defaults on a loan obligation or abandons the project.
Under no circumstance shall the State become responsible for owning or operating a clean water project when the loan recipient defaults on a loan obligation or abandons the project.
Added 2017, No. 185 (Adj. Sess.), § 11, eff. May 28, 2018.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.