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Vermont · Through 2025 session

11C V.S.A. § 602: Patron and investor member’s interests

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Where this section sits in the code
  1. Title 11C: Mutual Benefit Enterprises
  2. Chapter 006: Member's Interest in Mutual Benefit Enterprise

(a) Unless the organic rules establish investor members’ interests, a member’s interest is a patron member’s interest.

(b) Unless the organic rules otherwise provide, if a mutual benefit enterprise has investor members, while a person is a member of the enterprise, the person:

(1) if admitted as a patron member, remains a patron member;

(2) if admitted as an investor member, remains an investor member; and

(3) if admitted as a patron member and an investor member remains a patron and an investor member if not dissociated in one of the capacities.

Collected 2026-09-05T16:23:27Z. Source file · JSON

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