§ 3014. Election and term of office
(a) The bylaws of a cooperative shall determine the method of election and term of office of the directors.
(b) Existing bylaws shall govern until duly amended. Those cooperatives which have in the past in compliance with their bylaws elected their directors to serve for staggered terms of three or four years may continue the practice. (Amended 1975, No. 108, § 1, eff. April 30, 1975; 1999, No. 143 (Adj. Sess.), § 12.)
Structure Vermont Statutes
Chapter 81 - Electric Cooperatives
§ 3002a. Obligations treated as expenses
§ 3005. Articles of incorporation, contents
§ 3007. Members, qualifications
§ 3010. Members necessary for quorum
§ 3013. Directors, qualifications
§ 3014. Election and term of office
§ 3023. Transfer of rights and liabilities
§ 3024. Responsibilities for liabilities transferred
§ 3025. Creditors’ rights not impaired by merger
§ 3026. Private corporation, change
§ 3027. Dissolution—Cooperative not commencing business
§ 3028. Dissolution of cooperatives
§ 3031. Mortgage and investment
§ 3032. Sale or lease of assets
§ 3036. Acknowledgments, members authorized
§ 3037. Foreign companies, service of process
§ 3043. Formation of cooperatives by cooperatives
§ 3044. Approval by members of cooperative