Vermont Statutes Annotated — Title 32 (Taxation and Finance)
32 V.S.A. § 955
Anticipation of proceeds
Pending the issue of said bonds, the State Treasurer, with the approval of the Governor, may use any available cash in the Treasury for the purposes for which the bonds were authorized and restore the same from the proceeds of said bonds. Also, the State Treasurer, with the approval of the Governor, may borrow upon notes of the State sums of money in anticipation of the proceeds of the bonds. Such notes shall be issued on such terms and at such times as they may determine. Each such note shall mature not more than two years from its date, provided that notes issued for a shorter period may be refunded from time to time by the issue of other such notes maturing within the required period of two years. The authority hereby granted is in addition to and not in limitation of any other authority. (
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In this chapter (40 sections)
- 13-901 · Borrowing money
- 13-902 · Authorization to borrow money
- 13-931 · Repealed. 1997, No. 156 (Adj. Sess.), § 48, eff. April 29, 1998
- 13-932 · Claims against the State
- 13-932a · Administrative reimbursement for property damages
- 13-933 · Hearing
- 13-934 · Repealed. 1997, No. 156 (Adj. Sess.), § 48, eff. April 29, 1998
- 13-935 · Payment of claims
- 13-951 · Applicability
- 13-951a · Debt service funds
- 13-952 · Denominations; how issued
- 13-953 · Sales, record
- 13-954 · Proceeds
- 13-955 · Anticipation of proceeds
- 13-956 · Time available
- 13-957 · Consolidation
- 13-958 · Expiration of office
- 13-959 · Repealed. 1989, No. 52, § 17(a), eff. May 17, 1989
- 13-960 · Issuance of bonds
- 13-961 · Refunding bonds
- 13-962 · Private use compliance, notice, and approval
- 13-971 · Repealed. 1966, No. 32, § 3
- 13-972 · Transportation Infrastructure Bonds
- 13-973 · Issuance of bonds
- 13-974 · Security documents
- 13-975 · Proceeds
- 13-975a · Authority of Treasurer
- 13-975b · Debt service appropriations
- 13-976 · Anticipation of proceeds
- 13-977 · Refunding bonds
- 13-978 · Pledge
- 13-979 · Authorities
- 13-980 · Authority to issue Transportation Infrastructure Bonds
- 13-981 · Form of bonds or notes
- 13-982 · Transfer agent
- 13-983 · Confidential registry
- 13-984 · Additional powers
- 13-985 · Application
- 13-991 · Definitions
- 13-992 · Allocation; authority