§ 222a - Indemnification fund - Vermont Statutes

§ 222a. Indemnification fund

There is hereby created an indemnification fund to be held by the state treasurer to support the activities of the authority under this subchapter and subchapter 8 of this chapter. The fund shall not be subject to the provisions of subchapter 5 of chapter 7 of Title 32. To the fund shall be deposited:

(1) all annual net revenues to the state from the funds created under sections 222 (industrial building mortgage insurance fund) and 279 (Vermont financial access program) of this title; and

(2) all interest and other earnings of the fund. (Added 2005, No. 6, § 87b, eff. March 26, 2005.)