Vermont Statutes
Chapter 13 - Debts and Claims
§ 978. Pledge

§ 978. Pledge
The General Assembly hereby pledges and covenants with holders of the bonds issued under this subchapter that the State will fulfill the terms of any agreement made with the holders of Transportation Infrastructure Bonds and will not in any way impair the rights or remedies of the holders of the bonds until the bonds, interest, and all costs associated with the bonds are fully paid. (Added 2009, No. 50, § 28.)

Structure Vermont Statutes

Vermont Statutes

Title 32 - Taxation and Finance

Chapter 13 - Debts and Claims

§ 901. Borrowing money

§ 902. Authorization to borrow money

§ 932. Claims against the State

§ 932a. Administrative reimbursement for property damages

§ 933. Hearing

§ 935. Payment of claims

§ 951. Applicability

§ 951a. Debt service funds

§ 952. Denominations; how issued

§ 953. Sales, record

§ 954. Proceeds

§ 955. Anticipation of proceeds

§ 956. Time available

§ 957. Consolidation

§ 958. Expiration of office

§ 960. Issuance of bonds

§ 961. Refunding bonds

§ 962. Private use compliance, notice, and approval

§ 972. Transportation Infrastructure Bonds

§ 973. Issuance of bonds

§ 974. Security documents

§ 975. Proceeds

§ 975a. Authority of Treasurer

§ 975b. Debt service appropriations

§ 976. Anticipation of proceeds

§ 977. Refunding bonds

§ 978. Pledge

§ 979. Authorities

§ 980. Authority to issue Transportation Infrastructure Bonds

§ 981. Form of bonds or notes

§ 982. Transfer agent

§ 983. Confidential registry

§ 984. Additional powers

§ 985. Application

§ 991. Definitions

§ 992. Allocation; authority

§ 993. Public approval, out-of-state issuers

§ 994. Advisory Committee

§ 995. Agreements for the exemption of interest

§ 996. Delegation authorized

§ 997. State covenant

§ 998. Loans and grants

§ 999. Interest remittance and payments

§ 1000. Affordable amount of general obligation bond authorization

§ 1001. Capital Debt Affordability Advisory Committee

§ 1001a. Reports

§ 1001b. Capital Expenditure Cash Fund