{"data":{"id":"us-vt/11-v.s.a.-4172","jurisdiction":"us-vt","citation":"11 V.S.A. § 4172","heading":"Election","body":"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:\n(1) specifying in its articles of organization that it elects to be a BBLLC; and\n(2) meeting the requirements in subdivision 4173(2) and subsection 4174(a) of this title.","path":["Title 11: Corporations, Partnerships and Associations","Chapter 025: Limited Liability Companies","Subchapter 012: BLOCKCHAIN-BASED LIMITED LIABILITY COMPANIES"],"source_url":"https://legislature.vermont.gov/statutes/section/11/025/04172","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T16:01:21Z","sha256":"41103ac6313d9e29536fab7ca9a9b67ae67f0c055635f9c3bd88535e6baafb10","source_id":"us-vt","stale":false,"prev":"us-vt/11-v.s.a.-4171","next":"us-vt/11-v.s.a.-4173"},"notice":"GroundRules: Original legal text. Not legal advice."}