Vermont Statutes Title 24 Sec. 4776
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Terms Used In Vermont Statutes Title 24 Sec. 4776
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
§ 4776. Action for receivership
Upon default of a loan, VEDA shall have the right to petition the Superior Court in the county in which any part of the water system is located, or the Public Utility Commission for systems subject to the jurisdiction of the Commission, to appoint a receiver. (Added 1997, No. 62, § 75, eff. June 26, 1997.)