11 V.S.A. § 841: Voting of shares
Where this section sits in the code
- Title 11: Corporations, Partnerships and Associations
- Chapter 004: Professional Corporations
- Subchapter 004: GOVERNANCE
(a) Only a qualified person may be appointed a proxy to vote shares of a professional corporation.
(b) A voting trust with respect to shares of a professional corporation is not valid unless all of its trustees and beneficiaries are qualified persons. But, if a beneficiary who is a qualified person dies or becomes disqualified, a voting trust valid under this subsection continues to be valid for ten months after the date of death or for five months after the disqualification occurred.
Collected 2026-09-05T15:53:51Z. Source file · JSON