Home/Vermont/Statutes/Title 9: Title 9: Commerce and Trade/Ch. 102: Chapter 102: Construction Contracts/§ 4006
Vermont Statutes

§ 4006 — Prepayment; advance payment

Vermont § 4006
JurisdictionVermont
Title 9Title 9: Commerce and Trade
Ch. 102Chapter 102: Construction Contracts

This text of Vermont § 4006 (Prepayment; advance payment) is published on Counsel Stack Legal Research, covering Vermont primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Vt. Stat. Ann. tit. 9, § 4006 (2026).

Text

This chapter shall in no way be construed to prohibit an owner, contractor, or subcontractor from making advance payments, progress payments, or from prepaying if agreements or other circumstances make such payments appropriate. All such payments shall be made promptly and shall be subject to the interest, penalties, and other provisions hereof when payment is later.

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Legislative History

(Added 1991, No. 74, § 1, eff. Jan. 1, 1992.)

Nearby Sections

10
§ 4001
Definitions
§ 4002
Owner’s payment obligations
§ 4003
Contractor’s and subcontractor’s payment obligations
§ 4004
Errors in documentation
§ 4005
Retainage
§ 4005a
Fund held in trust; commingling; no effect on title to real property
§ 4006
Prepayment; advance payment
§ 4007
Disputes; penalties; attorney’s fees
§ 4008
Contracts involving federal aid
§ 4009
Owner exclusion
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Bluebook (online)
Vermont § 4006, Counsel Stack Legal Research, https://law.counselstack.com/statute/vt/102/4006.