Vermont · Through 2025 session

11 V.S.A. § 923: Definitions

Where this section sits in the code

Title 11: Corporations, Partnerships and Associations
Chapter 005: Scrip Corporations

(a) “Scrip” as used in this chapter includes certificates having no fixed maturity, transferable by delivery, and payable to bearer in lawful currency when realized out of the assets pledged to secure such scrip. It does not include notes.

(b) “Scrip corporation” includes any person or corporation lawfully issuing scrip.

Collected 2026-09-05T15:54:21Z. Source file · JSON

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