{"data":{"id":"us-vt/32-v.s.a.-4873","jurisdiction":"us-vt","citation":"32 V.S.A. § 4873","heading":"Interest on installments","body":"All taxes payable in installments may bear interest if the town so votes at a rate not to exceed one percent per month or fraction thereof for the first three months and thereafter one and one-half percent per month or fraction thereof, either from the due date of the last installment or from the due date of each installment. When a town so votes, such vote shall remain in effect until such time as the town rescinds the same by a majority vote of the legal voters present and voting at an annual or special meeting duly warned for such purpose.","path":["Title 32: Taxation and Finance","Chapter 133: Assessment and Collection of Taxes","Subchapter 004: COLLECTION OF TOWN AND OTHER TAXES"],"source_url":"https://legislature.vermont.gov/statutes/section/32/133/04873","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T17:17:10Z","sha256":"169e67b13e1fb7533a431598e70a5ad8bd52fe6890b98716a1b1cf137c7483dc","source_id":"us-vt","stale":false,"prev":"us-vt/32-v.s.a.-4872","next":"us-vt/32-v.s.a.-4874"},"notice":"GroundRules: Original legal text. Not legal advice."}
