Vt. Stat. tit. 16 § 3456

Current through L. 2024, c. 185.
Section 3456 - Limit of indebtedness

The amount of indebtedness of an incorporated school district, town school district, or union school district incurred to finance any project approved under sections 3447-3456 of this title shall not be considered a part of the indebtedness of such local district for the purpose of determining its debt limit, as provided by 24 V.S.A. § 1762, or otherwise.

16 V.S.A. § 3456

Added 1953, No. 256, § 10; amended 1955, No. 266, §2; 2013, No. 92 (Adj. Sess.), §222, eff. 2/14/2014.