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§ 13.01. Prohibited distributions Except as authorized by section 13.02 of this title, a corporation shall not make any distributions. (Added 1995, No. 179 (Adj. Sess.), § 1, eff. Jan. 1, 1997.)
Structure Vermont Statutes
Vermont Statutes
Title 11B - Nonprofit Corporations
Chapter 13 - Distributions
§ 13.01. Prohibited distributions
§ 13.02. Authorized distributions