Vt. Stat. tit. 11C § 601

Current through L. 2024, c. 185.

Section 601 - Member's interest

A member's interest:

(1) is personal property;

(2) consists of:

(A) governance rights;

(B) financial rights; and

(C) the right or obligation, if any, to do business with the mutual benefit enterprise; and

(3) may be in certificated or uncertificated form.

11C V.S.A. § 601

Added 2011, No. 84 (Adj. Sess.), § 1, eff. 4/20/2012.