Vermont Statutes Title 24 (Appendix). Municipal Charters, App. c. 3 § 440. Same--right of City

(1) By suit, action, or proceedings in any court of competent jurisdiction to obtain the appointment of a receiver of the electric plant or any part or parts thereof. If such receiver be appointed, he or she may enter and take possession of such electric plant or any part or parts thereof and operate and maintain the same, and collect and receive all revenues thereafter arising therefrom in the same manner as the City itself might do and shall deposit such monies in a separate account or accounts and apply the same in accordance with the obligations of the City as the court shall direct.

(2) By suit, action, or proceeding in any court of competent jurisdiction to require the City to account as if it were the trustee of an express trust.