Vermont Statutes Title 24 Sec. 1764
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Terms Used In Vermont Statutes Title 24 Sec. 1764
- following: when used by way of reference to a section of the law shall mean the next preceding or following section. See
- Legislative branch: shall mean the mayor and board of aldermen of a city, the selectboard of a town, the trustees of a village, the board of school directors of a school district, the trustees or prudential committee of a graded school or fire district, and the Board of Governors of the unified towns and gores of Essex County, and, with respect to other municipal corporations, the governing body designated by statute. See
§ 1764. Taxes to meet interest and payments
At the time of assessing the general tax levy, in addition to all other taxes, the legislative branch shall provide annually for the assessment and collection each year, until such bonds are paid, of a tax sufficient to pay the interest on such bonds and such part of the principal as shall become due prior to the time the taxes are due in the next following year.