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Terms Used In Vermont Statutes Title 24 Sec. 4785

  • Clean water project: means "water pollution abatement and control facilities" as defined in 10 V. See
  • 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

§ 4785. Liability against default

Under no circumstance shall the State become responsible for owning or operating a clean water project when the loan recipient defaults on a loan obligation or abandons the project. (Added 2017, No. 185 (Adj. Sess.), § 11, eff. May 28, 2018.)