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Terms Used In Vermont Statutes Title 22 Sec. 41

  • Outlays: Outlays are payments made (generally through the issuance of checks or disbursement of cash) to liquidate obligations. Outlays during a fiscal year may be for payment of obligations incurred in prior years or in the same year.
  • Town: shall include city and wards or precincts therein; "selectboard members" and "board of civil authority" shall extend to and include the mayor and aldermen of cities; "trustees" shall extend to and include bailiffs of incorporated villages; and the laws applicable to the inhabitants and officers of towns shall be applicable to the inhabitants and similar officers of all municipal corporations. See

§ 41. Town participation restricted

No town of this State may be a party to a library agreement which provides for the construction or maintenance of a library under Article III, subdivision (c-7) [section 23(c)7. of this title] of the compact, nor pledge its credit in support of such a library, or contribute to the capital financing thereof, except after compliance with any laws applicable to towns relating to or governing capital outlays and the pledging of credit. (Added 1963, No. 119, § 3, eff. May 28, 1963.)