32 V.S.A. § 4872 — Installment dates; discounts

In a town so voting to collect taxes on real and personal property in installments,
all such taxes assessed on the grand list shall be due and payable in such installments
as the town may vote, not to exceed four in number, payable to the town treasurer
or collector. A taxpayer who pays each installment in full on or before the due date
thereof shall be entitled to such rate of discount as the town may vote for the payment
of each installment. No discount on any installment shall be allowed unless such installment
shall be paid on or before the due date thereof. A taxpayer may anticipate subsequent
installments and pay the same and shall be entitled to the proper rate of discount
applicable at the time of payment. However, in towns where the annual settlement with
the auditors is had on January 1, the fourth installment payment shall be due on December
31 preceding. (Amended 1959, No. 22, eff. March 6, 1959; 1973, No. 203 (Adj. Sess.), eff. April 3, 1974; 1993, No. 68, § 6.)