Vermont Statutes
Chapter 119 - Municipal Bond Bank
§ 4576. Compensation; expenses

§ 4576. Compensation; expenses
The directors of the Bank shall receive a per diem compensation in the amount of $30.00 for each day devoted to official duties and reimbursement for actual expenses necessarily incurred in the discharge of their duties. Notwithstanding any other law, an officer or employee of the State shall not be deemed to forfeit his or her office or employment or any benefits thereof by reason of his or her acceptance of the office of director of the Bank. (Added 1969, No. 216 (Adj. Sess.), § 3, eff. March 27, 1970; amended 1979, No. 59, § 18, eff. July 1, 1979.)

Structure Vermont Statutes

Vermont Statutes

Title 24 - Municipal and County Government

Chapter 119 - Municipal Bond Bank

§ 4551. Definitions

§ 4552. Law governing

§ 4553. Liberal construction

§ 4554. Administration expenses

§ 4555. Duties of State Treasurer

§ 4556. Cooperation by government agencies; cost

§ 4571. Establishment

§ 4571a. Reports

§ 4572. Membership; vacancies

§ 4573. Removal from office; oath

§ 4574. Officers; quorum

§ 4575. Bonding of members

§ 4576. Compensation; expenses

§ 4577. Staff

§ 4591. General powers

§ 4592. Supplementary powers

§ 4593. Prohibited acts

§ 4594. Annual report; audit

§ 4595. Annual budget

§ 4596. Care and custody of bonds

§ 4621. Form of obligation; faith and credit

§ 4622. Negotiability of bonds or notes

§ 4623. Bonds or notes as legal investment

§ 4624. Tax exemption

§ 4641. Loans to governmental units

§ 4642. Amount and purpose; general obligation

§ 4643. Form of issuance

§ 4644. Sale price

§ 4645. Administrative consent or conditions not required

§ 4646. Approval of Governor and Treasurer

§ 4647. Payment or refunding of notes

§ 4648. Terms of agreement with bond or noteholder

§ 4649. Purchase and disposition of own obligations

§ 4650. Interest rates

§ 4651. Exchange of coupon bonds

§ 4652. Waiver of defenses; rights of holder

§ 4653. Bond anticipation notes

§ 4654. Marketability; certification

§ 4655. Presumption of validity

§ 4671. Reserve fund

§ 4672. Withdrawal or transfer

§ 4673. Investment

§ 4674. Relation to bond sales

§ 4675. Annual appropriation

§ 4676. General Fund

§ 4677. Operating expenses

§ 4678. Special accounts

§ 4679. Additional accounts

§ 4680. Application of funds; excess

§ 4681. Revenue Bond Reserve Fund

§ 4682. Investment of Revenue Bond Reserve Fund

§ 4683. Revenue Fund

§ 4684. Revenue Fund operating expenses

§ 4685. Special accounts in Revenue Fund

§ 4701. Rights of holders paramount

§ 4702. Default in payment

§ 4703. Powers of trustee on default

§ 4704. Superior Court jurisdiction

§ 4705. Notice on default

§ 4706. Personal liability

§ 4707. Exemption from execution and sale

§ 4708. Pledge of revenues; lien thereof

§ 4709. Federal insurance or guaranty

§ 4710. Surety for deposits by Bank