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Terms Used In Vermont Statutes Title 24 Sec. 4649

  • Bank: means the Vermont Bond Bank established by section 4571 of this title. See
  • Bonds: means bonds of the Bank issued under this chapter. See
  • Notes: means any notes of the Bank issued under this chapter. See

§ 4649. Purchase and disposition of own obligations

The Bank may purchase bonds or notes of the Bank out of any of its funds or money available therefor. The Bank may hold, cancel, or resell the bonds or notes subject to and in accordance with agreements with holders of its bonds or notes. (Added 1969, No. 216 (Adj. Sess.), § 3, eff. March 27, 1970.)