§ 116. Dual capacity
A person may have a patron member’s interest and an investor member’s interest in a mutual benefit enterprise. When such person acts as a patron member, the person is subject to this title and the organic rules governing patron members. When such person acts as an investor member, the person is subject to this title and the organic rules governing investor members. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)
Structure Vermont Statutes
Title 11C - Mutual Benefit Enterprises
Chapter 1 - General Provisions
§ 103. Mutual benefit enterprise subject to amendment or repeal
§ 104. Nature of mutual benefit enterprise
§ 105. Purpose and duration of mutual benefit enterprise
§ 108. Supplemental principles of law
§ 109. Requirements of other laws
§ 110. Relation to restraint of trade and antitrust laws
§ 113. Effect of organic rules
§ 115. Business transactions of member with mutual benefit enterprise
§ 117. Designated office and agent for service of process
§ 118. Change of designated office or agent for service of process