Vermont Statutes Title 10 Sec. 54
Terms Used In Vermont Statutes Title 10 Sec. 54
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- 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
§ 54. Rental of building; disposition of funds
The Secretary may rent the building or parts thereof for exhibition purposes to available exhibitors with reasonable preference being given to exhibitors from this State and, with the approval of the Governor, may rent or lease any part or all of the building to such parties and upon such terms and conditions and for such purposes as they shall determine to be in the best interests of the State, and the income therefrom shall be paid to the State Treasurer and held by him or her in a separate fund for the purposes of this chapter. The Commissioner of Finance and Management shall issue his or her warrant for the payment from such fund of all sums expended or due for the purposes herein authorized. (Amended 1959, No. 328 (Adj. Sess.), § 8(b); 1959, No. 329 (Adj. Sess.), § 18(a), eff. March 1, 1961; 1977, No. 152 (Adj. Sess.), § 3; 1983, No. 195 (Adj. Sess.), § 5(b); 2003, No. 42, § 2, eff. May 27, 2003; 2011, No. 104 (Adj. Sess.), § 28a.)