GroundRules
11 V.S.A. § 1011: Contracts with directors
Where this section sits in the code
- Title 11: Corporations, Partnerships and Associations
- Chapter 007: General Cooperative Corporations and Cooperative Associations
- Subchapter 002: THE COOPERATIVE MARKETING ACT; COOPERATIVE ASSOCIATIONS
During the term of his or her office, a director shall not be a party to a contract for profit with the association differing in any way from the business relations accorded each member or holder of common stock of the association or others, or upon terms differing from those generally current in that district.
Collected 2026-09-05T15:54:51Z. Source file · JSON