Vermont Statutes Title 24 Sec. 4775
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Terms Used In Vermont Statutes Title 24 Sec. 4775
- 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
§ 4775. Liability against default
Under no circumstance shall the State or VEDA become responsible for owning or operating a privately-owned community water system when the loan recipient defaults on a loan obligation or abandons the water supply or water system. (Added 1997, No. 62, § 75, eff. June 26, 1997.)