The Vermont Statutes Online

Title 29: Public Property and Supplies

Chapter 16: VERMONT TRANSPORTATION AUTHORITY

Sub-Chapter 05: Sale And Issuance Of Bonds And Notes

29 V.S.A. § 772. Form of issuance



§ 772. Form of issuance

Bonds or notes of the authority shall be authorized by resolution of the authority and may be issued in one or more series and shall bear the date or dates, mature at the time or times, bear interest at the rate or rates of interest per annum, be in the denomination or denominations, be in the form, either coupon or registered, carry the registration privileges, have the rank or priority, be executed in the manner, be payable from the sources in the medium of payment at the place or places within or without the state, and be subject to the terms of redemption, with or without premium, as provided by the resolution. (Added 1973, No. 14, § 2, eff. Feb. 23, 1973.)