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    • Legislation USA
    • Vermont Statutes
    • Title 8 - Banking and Insurance
    • Chapter 202 - Organization and Management of Investor-Owned Financial Institutions
    • § 12105. Continuance of organization

    Vermont Statutes
    Chapter 202 - Organization and Management of Investor-Owned Financial Institutions
    § 12105. Continuance of organization

    § 12105. Continuance of organization
    The organizational documents shall provide for continuance of a financial institution despite the death, dissolution, departure, or incapacity of any investor. (Added 1999, No. 153 (Adj. Sess.), § 2, eff. Jan. 1, 2001.)

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    Structure Vermont Statutes

    Vermont Statutes

    Title 8 - Banking and Insurance

    Chapter 202 - Organization and Management of Investor-Owned Financial Institutions

    § 12101. Application

    § 12102. Issuance of certificate of general good; refusal to issue certificate of general good

    § 12103. Requirements to commence business; paid-in minimum capital; examination; certificate of authority

    § 12104. Failure to commence business

    § 12105. Continuance of organization

    § 12201. Meetings

    § 12301. Bonds and insurance

    § 12401. Limitation; form

    § 12501. Voluntary dissolution; procedure; criteria

    § 12601. Certain special purpose financial institutions authorized

    § 12602. Nondepository trust companies

    § 12603. Merchant banks

    § 12604. Uninsured banks

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