§ 1777. Regulations
When a municipal corporation has established or provided a sinking fund for the retirement of a bond issue or other debt, the fund so established or provided shall be kept intact and separate from other monies at the disposal of such corporation, shall be accounted for as a pledged asset for the purpose of retiring such obligations, and shall not be appropriated or used for the current expenses of such corporation.
Structure Vermont Statutes
Title 24 - Municipal and County Government
§ 1752a. Privately owned municipality-supported libraries
§ 1756. Notice of meeting; authorization
§ 1757a. Validation of consolidated water or sewer districts and bonds voted for construction
§ 1759. Denominations; payments; interest
§ 1760. Bonds validated—Over five percent
§ 1764. Taxes to meet interest and payments
§ 1768. Form of bond and coupon
§ 1771. Refunding bonds; authorization
§ 1772. Refunding bonds; procedure and limitations
§ 1775. Cancellation and record of old bonds
§ 1778. Registered obligations; authority to issue
§ 1779. Registration on request
§ 1780. Certificate of registration indorsed; when
§ 1781. Change of coupon bonds to registered bonds
§ 1782. Registered bonds; form of certificate
§ 1783. Registered bonds; indorsement conclusive evidence of authority
§ 1784. Registered bonds; treasurer to keep record
§ 1785. Registered bonds; conversion not to affect liability
§ 1786. Borrowing to pay current expenses in anticipation of taxes
§ 1786a. Borrowing for public improvements and capital assets
§ 1787. Application of chapter; charters and special acts to control
§ 1788. Existing powers continued; emergencies
§ 1789. Alternative financing of assets
§ 1822. Powers; approval of voters
§ 1823. Payment exclusive; effect
§ 1827. Enforcement of bond obligations
§ 1881. Form of bonds, notes, and certificates
§ 1894. Power and life of district
§ 1895. Original taxable value
§ 1898. Powers supplemental; construction