§ 9. Investment in Vermont Community Loan Fund
Notwithstanding any provision of 32 V.S.A. § 433(a) to the contrary, the State Treasurer is authorized to invest up to $2,000,000.00 of short-term operating or restricted funds in the Vermont Community Loan Fund on terms acceptable to the Treasurer and consistent with prudent investment principles and guidelines pursuant to 32 V.S.A. § 433(b)-(c). (Added 2015, No. 157 (Adj. Sess.), § F.6; amended 2019, No. 72, § E.131; 2019, No. 120 (Adj. Sess.), § A.14, eff. June 30, 2020.)
Structure Vermont Statutes
Title 10 - Conservation and Development
Chapter 1 - Economic Development
§ 3. Economic development; principles; review and assessment
§ 4. New relocating employee incentives
§ 7. Economic development; assistance and incentives benchmark reports
§ 8. Southern Vermont Economic Development Zone
§ 9. Investment in Vermont Community Loan Fund
§ 10. Vermont State Treasurer; credit facility for local investments
§ 11. Treasurer’s Local Investment Advisory Committee