§ 525 - Additional powers and duties - Vermont Statutes

§ 1-525. Additional powers and duties

In addition to other investments which the trustee is permitted to make under the provisions of this charter, it may:

(a) Continue to hold any stocks now held by the trustee in trust;

(b) Invest the principal and any accumulated income of a trust fund in any manner authorized by the donor of the trust fund;

(c) Invest trust funds in bank stock now held by the City of Barre, the City of Barre School District, or any department, commission, officers, board or any fund of the city or city school district. This authority shall be limited to purchase and holding of the bank stock now held by the city or city school district or any subordinate part thereof.