Vermont Code § 24 V.S.A. § 1783

Registered bonds; indorsement conclusive evidence of authority
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§ 1783. Registered bonds; indorsement conclusive evidence of authority
The indorsement of such certificate of registration upon any bond, note, or certificate
by such treasurer shall be conclusive evidence that such treasurer was directed by
the proper officers of the municipal corporation of which he or she was treasurer
to convert such bond into a registered obligation.

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