The Town of Lyndon shall be the surviving municipal corporation. The name of the Town shall remain 'Town of Lyndon.' All of the former Village’s tangible property, including the Lyndonville Electric Plant, and all intangible property and other assets are hereby transferred to and are now the property of the Town without any limitation whatsoever. The Town hereby assumes and agrees to pay all of the former Village of Lyndonville’s debts and assumes and agrees to perform all of the former Village duties and obligations owed to third parties, without any limitation whatsoever. (Added 2023, No. M-14, § 2, eff. July 1, 2023.)
Vermont Legal Code