Title 16, Title 16: Education

§ 2174. Board of Trustees; power The Board of Trustees may confer such honors and degrees as are usually given in colleges and universities and any other appropriate degrees and shall appoint a chancellor of the Corporation and a president for each institution under its control a…

§ 2175. Retirement system The Corporation may deduct from funds appropriated to it for salaries, employer contributions to a retirement system established by its Board of Trustees, or to such other retirement system as the Board may choose. (Added 1961, No. 247, § 1, eff. July 28…

§ 2176. Procedures relating to accounting The Corporation shall develop, administer, and install procedures relating to accounting practices, control of expenditures, budgets, audits, and purchase of supplies. The fiscal year of the Corporation shall be July 1 to June 30, and its…

§ 2177. Controls and audits; financial reports; other reports (a) Control of funds appropriated and of the work carried on shall be vested in the Board of Trustees. (b) The financial statements of the Corporation shall be audited annually as of June 30 by an independent public ac…

§ 2178. Tax exemption All real and personal property owned by the Corporation and used for educational and not commercial purposes shall be exempt from taxation. (Added 1961, No. 247, § 1, eff. July 28, 1961; amended 2005, No. 207 (Adj. Sess.), § 8.)

§ 2179. Nonapplicability of certain statutes Except as expressly provided in this chapter, the Corporation, its officers, and employees shall not be governed by: (1) 3 V.S.A. chapter 9, dealing with administrative departments; (2) 3 V.S.A. chapter 13, dealing with classification …

§ 2184. School of Dental Hygiene (a) The Vermont State Colleges shall establish and operate a School of Dental Hygiene for the training of dental hygienists. The Colleges shall have the authority to grant certificates of graduation on the successful completion of a two-year cours…

§ 2185. Determination of residency for tuition purposes (a) The Board of Trustees shall adopt policies related to residency for tuition purposes, consistent with State and federal requirements. Any policies adopted by the Board shall not discriminate against or exclude a person b…

§ 2186. Reserve funds (a) The Vermont State Colleges may create and establish one or more special funds, referred to in this section as “debt service reserve funds,” and shall pay into each debt service reserve fund: (1) any monies appropriated and made available by the State for…

§ 2188. Property transactions Any sale, lease, demolition, or disposal of property by the Vermont State Colleges Corporation shall comply with the requirements of 32 V.S.A. § 962. (Added 2021, No. 74, § E.602.1.)