Vermont Statutes
Chapter 8 - Directors and Officers
§ 8.40. Required officers

§ 8.40. Required officers
(a) Unless otherwise provided in the articles or bylaws, a corporation shall have a president, a secretary, a treasurer, and such other officers as are appointed by the board.
(b) The bylaws or the board shall delegate to one of the officers responsibility for preparing minutes of the directors’ and members’ meetings and for authenticating records of the corporation.
(c) The same individual may simultaneously hold more than one office in a corporation, except that a person may not simultaneously hold the office of president and secretary. (Added 1995, No. 179 (Adj. Sess.), § 1, eff. Jan. 1, 1997.)

Structure Vermont Statutes

Vermont Statutes

Title 11B - Nonprofit Corporations

Chapter 8 - Directors and Officers

§ 8.01. Requirement for and duties of board

§ 8.02. Qualifications of directors

§ 8.03. Number of directors

§ 8.04. Election, designation, and appointment of directors

§ 8.05. Terms of directors generally

§ 8.06. Staggered terms for directors

§ 8.07. Resignation of directors

§ 8.08. Removal of directors elected by members or directors

§ 8.09. Removal of designated or appointed directors

§ 8.10. Removal of directors by judicial proceeding

§ 8.11. Vacancy on board

§ 8.12. Compensation of directors

§ 8.13. Financially disinterested majority—Public benefit corporations

§ 8.20. Regular and special meetings

§ 8.21. Action without meeting

§ 8.22. Call and notice of meetings

§ 8.23. Waiver of notice

§ 8.24. Quorum and voting

§ 8.25. Committees of the board

§ 8.30. General standards for directors

§ 8.31. Director conflict of interest

§ 8.32. Loans to or guarantees for directors and officers

§ 8.33. Liability for unlawful distributions; statute of limitations

§ 8.40. Required officers

§ 8.41. Duties and authority of officers

§ 8.42. Standards of conduct for officers

§ 8.43. Resignation and removal of officers

§ 8.44. Contract rights of officers

§ 8.45. Officers’ authority to execute documents

§ 8.50. Subchapter definitions

§ 8.51. Authority to indemnify

§ 8.52. Mandatory indemnification

§ 8.53. Advance for expenses

§ 8.54. Court-ordered indemnification

§ 8.55. Determination and authorization of indemnification

§ 8.56. Indemnification of officers, employees, and agents

§ 8.57. Insurance

§ 8.58. Application of subchapter