Investment in Vermont Community Loan Fund

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§ 9. Investment in Vermont Community Loan Fund

Notwithstanding any provision of 32 V.S.A. § 433(a) to the contrary, the State Treasurer is authorized to invest up to $1,500,000.00 of short-term operating or restricted funds in the Vermont Community Loan Fund on terms acceptable to the Treasurer and consistent with prudent investment principles and guidelines pursuant to 32 V.S.A. § 433(b)-(c). (Added 2015, No. 157 (Adj. Sess.), § F.6; amended 2019, No. 72, § E.131.)


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