Terms Used In Vermont Statutes Title 22 Sec. 28

  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.

§ 28. Other laws applicable—Article VIII

Nothing in this compact or in any library agreement shall be construed to supersede, alter, or otherwise impair any obligation imposed on any library by otherwise applicable law, nor to authorize the transfer or disposition of any property held in trust by a library agency in a manner contrary to the terms of such trust. (Added 1963, No. 119, § 2, eff. May 28, 1963.)