Vermont Statutes Title 32 Sec. 979
Terms Used In Vermont Statutes Title 32 Sec. 979
- following: when used by way of reference to a section of the law shall mean the next preceding or following section. See
- 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.
- 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
§ 979. Authorities
In addition to the provisions of this subchapter, the following provisions of this title shall apply to Transportation Infrastructure Bonds:
(1) sections 951a, 953, 956, 958, and 960;
(2) subsection 954(c), except that transfers shall be made only among projects to be funded with Transportation Infrastructure Bonds; and
(3) section 957, except that consolidation may be only among Transportation Infrastructure Bonds, and the bonds shall be the lawful obligation of the Transportation Infrastructure Bond Fund and not of the remaining revenues of the State unless the Treasurer has agreed to pledge the full faith and credit of the State pursuant to subsection 974(d) of this title. (Added 2009, No. 50, § 28; amended 2011, No. 63, § F.109, eff. June 2, 2011.)