Vermont Statutes Title 30 Sec. 8089a
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Terms Used In Vermont Statutes Title 30 Sec. 8089a
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Board: means the Vermont Community Broadband Board. See
- Fund: means the Vermont Community Broadband Fund established by this chapter. See
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- State: when applied to the different parts of the United States may apply to the District of Columbia and any territory and the Commonwealth of Puerto Rico. See
§ 8089a. Sunset; transfer plan
(a) The Fund and Board shall cease to exist on July 1, 2029.
(b) As part of its annual report submitted on or before January 15, 2029, the Board shall develop a plan for transferring its assets, liabilities, and legal and contractual obligations to another appropriate State entity. The Board may include in its report a recommendation regarding the continued existence of the Board beyond its statutory sunset date. (Added 2021, No. 71, § 2, eff. June 8, 2021.)