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The Vermont Statutes Online



Title

10

:
Conservation and Development






Chapter

012

:
VERMONT ECONOMIC DEVELOPMENT AUTHORITY






Subchapter

004
:
ECONOMIC DEVELOPMENT REVENUE BONDS










 

§

249. Remedies

Except as

provided in any financing or security document entered into or any bond issued

under this subchapter, each of the parties to the financing or security

document or any bondholder may enforce the obligation of any other person to

him under the bond or instrument by appropriate legal proceedings in a court of

competent jurisdiction. A receiver may be appointed for an eligible facility in

any such proceeding. (Added 1973, No. 197 (Adj. Sess.), § 1; amended 1975, No.

18, § 15, eff. March 27, 1975; 1993, No. 89, § 3(b), eff. June 15, 1993.)