Vt. Stat. Ann. tit. 26, § 1420v
Dissolution
Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
(1) The Compact shall dissolve effective on the date of the withdrawal or default of the member state that reduces the membership in the Compact to one member state.
(1) The Compact shall dissolve effective on the date of the withdrawal or default of the member state that reduces the membership in the Compact to one member state.
(2) Upon the dissolution of the Compact, the Compact becomes null and void and shall be of no further force or effect, and the business and affairs of the Interstate Commission shall be concluded and surplus funds shall be distributed in accordance with the bylaws. Added 2017, No. 115 (Adj. Sess.), § 1, eff. Jan. 1, 2020.
(2) Upon the dissolution of the Compact, the Compact becomes null and void and shall be of no further force or effect, and the business and affairs of the Interstate Commission shall be concluded and surplus funds shall be distributed in accordance with the bylaws.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.