Vt. Stat. tit. 24A § 215-202
At the annual meeting of said corporation, there shall be elected, by ballot if called for, for the ensuing year and until their successors are chosen, a Moderator, who shall preside at all meetings of said corporation, with powers of moderators at town meetings; a Clerk who shall keep a record of the proceedings of said meetings of said corporation, with power to certify to copies of the same, and who shall perform all the usual duties of a clerk; one trustee for a term of one year, one trustee for a term of two years, and one trustee for a term of three years, and thereafter at each annual meeting one trustee for a term of three years, who shall have the management of the affairs of said corporation with the necessary powers for that purpose, who may fill vacancies in the offices of said corporation, who may act by a majority, and of whom the oldest in office present at any meeting of said corporation shall preside when the Moderator is absent; a Treasurer and a Collector, who shall be sworn, and who shall discharge the usual duties of such officers; and such other officers, as said corporation by its bylaws require who shall have all the powers necessary for the purposes of their office. The Treasurer and the Collector shall give bonds in such sums as the trustees of said corporation shall direct for the faithful performance of their duties, and if such Treasurer or Collector does not give such bond within 10 days after the person's election or appointment, the office shall be vacant.
24 Appendix V.S.A. § 215-202