{"data":{"id":"us-vt/10-v.s.a.-214","jurisdiction":"us-vt","citation":"10 V.S.A. § 214","heading":"Members; disqualification","body":"A member of the Authority may not participate in any decision:\n(1) under subchapter 3 of this chapter affecting a local development corporation if the member is a stockholder or member of that corporation;\n(2) upon any loan under subchapter 5 of this chapter if the member is a member, director, trustee, employee, or officer of; or has any interest direct or indirect in; or owns any stock, bonds, or other liabilities issued by or authorized by the prospective mortgagor, mortgagee, or tenant;\n(3) upon a bond issue under subchapter 4 of this chapter if the member is an officer or director of a bank or trust company that is a prospective purchaser of the bonds or a prospective trustee under the trust indenture securing the bonds.","path":["Title 10: Conservation and Development","Chapter 012: Vermont Economic Development Authority","Subchapter 001: GENERAL PROVISIONS"],"source_url":"https://legislature.vermont.gov/statutes/section/10/012/00214","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T15:03:21Z","sha256":"ea7f20a74c455d248041b59c9005f8f8ce13e9db666490c37f2e2ea0e1e1ee79","source_id":"us-vt","stale":false,"prev":"us-vt/10-v.s.a.-213","next":"us-vt/10-v.s.a.-215"},"notice":"GroundRules: Original legal text. Not legal advice."}