Liability against default Under no circumstance shall the State become responsible for owning or operating a clean water project when the loan recipient defaults on a loan obligation or abandons the project. (Added 2017, No. 185 (Adj. Sess.), § 11, eff. May 28, 2018.)
Vermont Legal Code
§ 4785
Vermont Title 24 — Vermont law
Source: https://legislature.vermont.gov/statutes/section/24/120/04785· Version 2026