Vermont Statutes
Chapter 81 - Electric Cooperatives
§ 3025. Creditors’ rights not impaired by merger

§ 3025. Creditors’ rights not impaired by merger
Neither the rights of creditors nor liens upon the property of such cooperatives shall be impaired by such consolidation or merger.

Structure Vermont Statutes

Vermont Statutes

Title 30 - Public Service

Chapter 81 - Electric Cooperatives

§ 3001. Definitions

§ 3001a. Purpose

§ 3002. Powers

§ 3002a. Obligations treated as expenses

§ 3003. Name

§ 3004. Organization, members

§ 3005. Articles of incorporation, contents

§ 3006. Bylaws

§ 3007. Members, qualifications

§ 3008. Meetings

§ 3009. Notice of meeting

§ 3010. Members necessary for quorum

§ 3011. Voting

§ 3012. Notice, waiver

§ 3013. Directors, qualifications

§ 3014. Election and term of office

§ 3016. Districts

§ 3017. Officers, duties

§ 3018. Amendment of articles

§ 3019. Location of office

§ 3020. Consolidation

§ 3021. Merger, requirements

§ 3022. Effect

§ 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

§ 3029. Papers filed

§ 3030. Revenues, use of

§ 3031. Mortgage and investment

§ 3032. Sale or lease of assets

§ 3033. Personal liability

§ 3034. Mortgages, filing

§ 3035. Safety standards

§ 3036. Acknowledgments, members authorized

§ 3037. Foreign companies, service of process

§ 3038. Fees

§ 3041. Securities act

§ 3042. Annual reports

§ 3043. Formation of cooperatives by cooperatives

§ 3044. Approval by members of cooperative

§ 3045. Conservation and load management

§ 3047. Cost allocations; subsidization prohibited