§ 4556 - Cooperation by government agencies; cost - Vermont Statutes

§ 4556. Cooperation by government agencies; cost

All officers, departments, boards, agencies, divisions, and commissions of the state must render any services to the bank as are within the area of their respective governmental functions as fixed by law and as may be requested by the bank and must comply promptly with any reasonable request by the bank as to the making of any study or review as to desirability, need, cost or expense with respect to any public project, purpose or improvement, or the financial feasibility thereof or the financial or fiscal responsibility or ability in connection therewith of any governmental unit making application for loan to the bank and for the purchase by the bank of municipal bonds or revenue bonds to be issued by that governmental unit. The cost and expense of any services requested by the bank shall, at the request of the officer, department, board, agency, division or commission rendering the service, be paid for by the bank. (Added 1969, No. 216 (Adj. Sess.), § 3, eff. March 27, 1970; amended 1987, No. 55, § 6, eff. May 15, 1987.)