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16 V.S.A. ch. 087, § 2821 Student Assistance Corporation; purpose
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§ 2821. Student Assistance Corporation; purpose (a) There is hereby established a nonprofit public corporation to be known as the Vermont Student Assistance Corporation whose purpose shall be: (1) to provide opportunities for persons who are residents of Vermont to attend college…
16 V.S.A. ch. 087, § 2822 Definitions
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§ 2822. Definitions As used in this chapter: (1) “Corporation” means the Vermont Student Assistance Corporation. (2) “Board” means the Board of Directors of the Vermont Student Assistance Corporation. (3) “Student” means any person who: (A) has graduated from a secondary school, …
16 V.S.A. ch. 087, § 2823 Powers of Corporation
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§ 2823. Powers of Corporation (a) The Corporation may acquire by gift or otherwise, hold, and dispose of property in fee or in trust, or any other estate, for the purposes set forth in this chapter and shall be an instrumentality of the State. The State shall support and maintain…
16 V.S.A. ch. 087, § 2825 Tax exemptions
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§ 2825. Tax exemptions All real and personal property of the Corporation is exempt from taxation. All bonds, notes, and other obligations issued pursuant to this chapter are issued by a body corporate and public of this State and for an essential public and governmental purpose a…