Vermont Statutes Title 24 Sec. 1309
Terms Used In Vermont Statutes Title 24 Sec. 1309
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Town: shall include city and wards or precincts therein; "selectboard members" and "board of civil authority" shall extend to and include the mayor and aldermen of cities; "trustees" shall extend to and include bailiffs of incorporated villages; and the laws applicable to the inhabitants and officers of towns shall be applicable to the inhabitants and similar officers of all municipal corporations. See
§ 1309. Taxes; assessment and collection
At a meeting legally warned for that purpose, corporations formed under this subchapter may vote a tax upon the taxable estate therein or may vote a specific amount to be appropriated for the lawful purposes of the corporation. If a corporation votes a specific amount to be appropriated, the trustees shall, after the grand list book has been computed and lodged, set the tax rate necessary to raise the specific amount voted. The trustees shall make out and deliver to the collector a tax bill, with a warrant for its collection, and the collector shall have the same powers to collect such tax bill as a collector of town taxes. (Amended 2003, No. 90 (Adj. Sess.), § 2.)