Vermont Statutes Title 10. Conservation and Development, § 243. Security documents

(1) the creation and maintenance of reserves;

(2) the issuance of other bonds with respect to the eligible facility;

(3) the custody, investment and application of monies;

(4) the disposition of insurance or condemnation proceeds;

(5) the use of surplus bond proceeds;

(6) action by the municipality in the event of a default by the user under the financing document;

(7) the subjecting of additional property to the lien of the security document;

(8) any other matter which affects the security for the bonds in any way;

(9) pledging any federally guaranteed security and monies received therefrom whether such security is acquired by the municipality or by a user to secure the payment of the bonds.