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    • Legislation USA
    • Vermont Statutes
    • Title 11B - Nonprofit Corporations
    • Chapter 6 - Members and Membership
    • § 6.02. Consideration

    Vermont Statutes
    Chapter 6 - Members and Membership
    § 6.02. Consideration

    § 6.02. Consideration
    Except as provided in its articles or bylaws, a corporation may admit members for no consideration or for such consideration as is determined by the board. (Added 1995, No. 179 (Adj. Sess.), § 1, eff. Jan. 1, 1997.)

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    Structure Vermont Statutes

    Vermont Statutes

    Title 11B - Nonprofit Corporations

    Chapter 6 - Members and Membership

    § 6.01. Admission

    § 6.02. Consideration

    § 6.03. No requirement of members

    § 6.20. Differences in rights and obligations of members

    § 6.21. Transfers

    § 6.22. Member’s liability to third parties

    § 6.23. Member’s liability for dues, assessments, and fees

    § 6.24. Creditor’s action against member

    § 6.30. Resignation

    § 6.31. Termination; expulsion and suspension

    § 6.32. Purchase of memberships

    § 6.40. Derivative suits

    § 6.50. Delegates

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