§ 3041. Securities act
The provisions of 9 V.S.A. chapter 131 shall not apply to a note, bond, or other evidence of indebtedness issued by a cooperative or foreign corporation doing business in this State pursuant to this chapter, to the United States of America or an agency or instrumentality thereof, or to a mortgage, deed of trust, or other instrument executed to secure the same. The provisions of 9 V.S.A. chapter 131 shall not apply to the issuance of membership certificates by a cooperative or such foreign corporations.
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