§ 4672. Withdrawal or transfer
Monies in the Reserve Fund or the Revenue Bond Reserve Fund at any time in excess of such fund’s required debt service reserve, whether by reason of investment or otherwise, may, subject to the terms of any contract between the Bank and its bondholders or any resolution of the Bank, be withdrawn at any time by the Bank and transferred to any other fund or account of the Bank. (Added 1969, No. 216 (Adj. Sess.), § 3, eff. March 27, 1970; amended 1987, No. 55, § 21, eff. May 15, 1987.)
Structure Vermont Statutes
Title 24 - Municipal and County Government
Chapter 119 - Municipal Bond Bank
§ 4554. Administration expenses
§ 4555. Duties of State Treasurer
§ 4556. Cooperation by government agencies; cost
§ 4573. Removal from office; oath
§ 4576. Compensation; expenses
§ 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
§ 4641. Loans to governmental units
§ 4642. Amount and purpose; general obligation
§ 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
§ 4651. Exchange of coupon bonds
§ 4652. Waiver of defenses; rights of holder
§ 4653. Bond anticipation notes
§ 4654. Marketability; certification
§ 4655. Presumption of validity
§ 4672. Withdrawal or transfer
§ 4674. Relation to bond sales
§ 4680. Application of funds; excess
§ 4681. Revenue Bond Reserve Fund
§ 4682. Investment of Revenue Bond Reserve Fund
§ 4684. Revenue Fund operating expenses
§ 4685. Special accounts in Revenue Fund
§ 4701. Rights of holders paramount
§ 4703. Powers of trustee on default
§ 4704. Superior Court jurisdiction
§ 4707. Exemption from execution and sale
§ 4708. Pledge of revenues; lien thereof