Vermont Statutes
Chapter 6 - Member's Interest in Mutual Benefit Enterprise
§ 601. Member’s interest

§ 601. Member’s interest
A member’s interest:
(1) is personal property;
(2) consists of:
(A) governance rights;
(B) financial rights; and
(C) the right or obligation, if any, to do business with the mutual benefit enterprise; and
(3) may be in certificated or uncertificated form. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)