32 V.S.A. § 4643 — Vacation of office upon failure to post additional bond

When the bond given by a collector of taxes or the treasurer of a town or municipality
therein becomes insufficient in the judgment of the selectboard, trustees, prudential
committee, or the executive officers of the municipality to which such bond was given,
they may require in writing an additional bond in such sum and with such sureties
as they deem necessary. If the collector or the treasurer does not give such additional
bond within 10 days after such notice, his or her office shall be vacant.