Vt. Stat. Ann. tit. 24APPENDIX, § 4

The Authority shall have the benefit of sovereign immunity to the same extent that a municipality of the State does. The Authority shall provide liability and other insurance for itself and the members of the Board. The Authority shall hold harmless and indemnify all members of the Board from all claims of every kind and nature arising out of or connected with duties as directors, excepting only willful negligence and criminal conduct.