GroundRules
← Search the law
Vermont · Through 2025 session

11 V.S.A. § 4172: Election

Read at publisher ↗
Where this section sits in the code
  1. Title 11: Corporations, Partnerships and Associations
  2. Chapter 025: Limited Liability Companies
  3. Subchapter 012: BLOCKCHAIN-BASED LIMITED LIABILITY COMPANIES

A limited liability company organized pursuant to this title for the purpose of operating a business that utilizes blockchain technology for a material portion of its business activities may elect to be a blockchain-based limited liability company (BBLLC) by:

(1) specifying in its articles of organization that it elects to be a BBLLC; and

(2) meeting the requirements in subdivision 4173(2) and subsection 4174(a) of this title.

Collected 2026-09-05T16:01:21Z. Source file · JSON

Browse this collection