Vermont Statutes
Chapter 8 - Directors and Officers
§ 8.41. Duties and authority of officers

§ 8.41. Duties and authority of officers
Each officer has the authority and shall perform the duties set forth in the bylaws. In addition, each officer, to the extent consistent with the bylaws, has the authority and shall perform the duties prescribed in a resolution of the board. The board may authorize an officer, pursuant to a resolution of the board and to the extent consistent with the bylaws, to prescribe the duties and authority of other officers. (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