§ 1597. Merger; consolidation
Cooperative housing corporations shall not engage in mergers or consolidation if such action is undertaken for the purpose of circumventing section 1598, 1602, 1603, 1606, or 1607 of this title. (Added 1987, No. 254 (Adj. Sess.), § 1, eff. June 16, 1988.)
Structure Vermont Statutes
Title 11 - Corporations, Partnerships and Associations
Chapter 14 - Cooperative Housing Ownership Act
§ 1585. Name; use of “cooperative”
§ 1586. Property classification of cooperative interest
§ 1587. Perfection of security interests in cooperative interests
§ 1588. Articles of association; minimum requirements
§ 1589. Subscriptions for membership prior to organization; organization meeting
§ 1590. Minimum occupancy requirement
§ 1592. Bylaws; minimum requirements
§ 1593. Membership shares; requirements
§ 1595. Meetings; notice; quorum
§ 1596. Directors; election; removal
§ 1598. Limited equity cooperatives
§ 1600. Deposits; sale of cooperative interests; escrow
§ 1601. Offering of cooperative interests; subscription agreement; disclosures required
§ 1602. Consumer protection; enforcement
§ 1605. Net income; apportionment
§ 1606. Conversion; cooperative apartments
§ 1608. Eligibility for property tax relief