Vt. Stat. tit. 11A § 11.02

Current through L. 2024, c. 185.
Section 11.02 - Conversion authorized
(a) By complying with sections 11.03 through 11.06 of this title, a domestic corporation may become a domestic organization that is a different type of organization.
(b) By complying with sections 11.03 through 11.06 of this title, a domestic organization may become a domestic corporation.
(c) By complying with sections 11.03 through 11.06 of this title applicable to foreign organizations, a foreign organization that is not a foreign corporation may become a domestic corporation if the conversion is authorized by the law of the foreign organization's jurisdiction of formation.
(d) If a protected agreement contains a provision that applies to a merger of a domestic corporation but does not refer to a conversion, the provision applies to a conversion of the corporation as if the conversion were a merger until the provision is amended after July 1, 2017.

11A V.S.A. § 11.02

Added 1993, No. 85, § 2, eff. 1/1/1994; amended 2015, No. 157 (Adj. Sess.), § E.1, eff. 7/1/2017.