Vermont § 3-8 Acceptance of endowments and legacies

Vermont Statutes

§ 3-8 — Acceptance of endowments and legacies

Vermont § 3-8

Title 16Title 16 Appendix: Education Charters and Agreements

Ch. 3Chapter 003: Barton Academy and Graded School District

This text of Vermont § 3-8 (Acceptance of endowments and legacies) 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. 16, § 3-8 (2026).

Text

The Academy and Graded School district is hereby empowered to receive any endowment fund or legacy in fee or in trust, that may be donated as an endowment toward the support or for the use of the Academy and Graded School, on such terms and conditions as may be prescribed by the donor or legator, not inconsistent with the laws of this State; and the Trustees of such Academy and Graded School shall be the custodians of such fund and of the income of the same, subject to instructions of the District in regard to the use of the fund or income, unless otherwise provided by the terms of the endowment, donation, or legacy.

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The Academy and Graded School district is hereby empowered to receive any endowment fund or legacy in fee or in trust, that may be donated as an endowment toward the support or for the use of the Academy and Graded School, on such terms and conditions as may be prescribed by the donor or legator, not inconsistent with the laws of this State; and the Trustees of such Academy and Graded School shall be the custodians of such fund and of the income of the same, subject to instructions of the District in regard to the use of the fund or income, unless otherwise provided by the terms of the endowment, donation, or legacy.