§ 6.20. Differences in rights and obligations of members
All members shall have the same rights and obligations with respect to voting, dissolution, redemption, and transfer, unless the articles or bylaws establish classes of membership with different rights or obligations. All members shall have the same rights and obligations with respect to any other matters, except as set forth in or authorized by the articles or bylaws. (Added 1995, No. 179 (Adj. Sess.), § 1, eff. Jan. 1, 1997.)
Structure Vermont Statutes
Title 11B - Nonprofit Corporations
Chapter 6 - Members and Membership
§ 6.03. No requirement of members
§ 6.20. Differences in rights and obligations of members
§ 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
§ 6.31. Termination; expulsion and suspension