Vermont Statutes
§ 3002a — Obligations treated as expenses
The obligations of any cooperative under any contract authorized under section 3002 of this title shall not be deemed to constitute an indebtedness or a lending of credit of the cooperative, but shall be treated as expenses of operating an electric plant.
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Legislative History
(Added 1989, No. 112, § 3b, eff. June 22, 1989.)
Nearby Sections
12
§ 3001
Posting of rates§ 3001a
Purpose§ 3002
Excessive toll; penalty§ 3003
Name§ 3004
Organization; members§ 3006
Bylaws§ 3007
Members, qualifications§ 3008
Meetings§ 3009
Notice of meeting