§ 1011. Contracts with directors
During the term of his or her office, a director shall not be a party to a contract for profit with the association differing in any way from the business relations accorded each member or holder of common stock of the association or others, or upon terms differing from those generally current in that district.
Structure Vermont Statutes
Title 11 - Corporations, Partnerships and Associations
§ 996. Amendment of certificate
§ 1007. Classification of directors
§ 1008. Primary elections for directors
§ 1009. Appointment of directors by public officials
§ 1010. Vacancies on board of directors
§ 1011. Contracts with directors
§ 1016. Liability of members for debts
§ 1018. Marketing contracts—Terms
§ 1021. Liability of landowner, landlord or lessor
§ 1023. Ownership or control of other corporations
§ 1028. Application to existing corporations
§ 1029. Soliciting breach of contract