§ 1406 - Public Utility Financing
§ 5-1406. Transfer of property, rights, privileges, and franchises
All property, rights, franchises, rights of action, land records, and other records belonging or appertaining to the former town and village of Montpelier shall belong and appertain to the City of Montpelier. All rights, privileges, and franchises heretofore granted to the Village of Montpelier, by any act of the legislature, or existing under any law, or by virtue of any contract relating to the water works formerly possessed by said village, and hereby confirmed under the City of Montpelier.