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    • Legislation USA
    • Vermont Statutes
    • Title 11C - Mutual Benefit Enterprises
    • Chapter 1 - General Provisions
    • § 106. Powers

    Vermont Statutes
    Chapter 1 - General Provisions
    § 106. Powers

    § 106. Powers
    A mutual benefit enterprise may sue and be sued in its own name and do all things necessary or convenient to carry on its activities. An enterprise may maintain an action against a member for harm caused to the enterprise by the member’s violation of a duty to the enterprise or of the organic laws or organic rules. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)

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    Structure Vermont Statutes

    Vermont Statutes

    Title 11C - Mutual Benefit Enterprises

    Chapter 1 - General Provisions

    § 101. Short title

    § 102. Definitions

    § 103. Mutual benefit enterprise subject to amendment or repeal

    § 104. Nature of mutual benefit enterprise

    § 105. Purpose and duration of mutual benefit enterprise

    § 106. Powers

    § 107. Governing law

    § 108. Supplemental principles of law

    § 109. Requirements of other laws

    § 110. Relation to restraint of trade and antitrust laws

    § 111. Name

    § 112. Reservation of name

    § 113. Effect of organic rules

    § 114. Required information

    § 115. Business transactions of member with mutual benefit enterprise

    § 116. Dual capacity

    § 117. Designated office and agent for service of process

    § 118. Change of designated office or agent for service of process

    § 119. Resignation of agent for service of process

    § 120. Service of process

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