{"data":{"id":"us-vt/11a-v.s.a.-11.04","jurisdiction":"us-vt","citation":"11A V.S.A. § 11.04","heading":"Approval of conversion","body":"Subject to section 11.17 of this title and any contractual rights, a converting organization shall approve a plan of conversion as follows:\n(1) a domestic corporation shall approve a plan of conversion in accordance with the procedures for approving a merger under section 11.10 of this title;\n(2) any other organization shall approve a plan of conversion in accordance with its governing statute and its organizational documents; provided:\n(A) if its organizational documents do not address the manner for approving a conversion, then a plan of conversion shall be approved by the same vote required under the organizational documents for a merger; and\n(B) if its organizational documents do not provide for approval of a merger, then by the approval of the number or percentage of interest holders required to approve a merger under the governing statute.","path":["Title 11A: Vermont Business Corporations","Chapter 011: Conversion, Merger, Share Exchange, and Domestication"],"source_url":"https://legislature.vermont.gov/statutes/fullchapter/11A/011","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T16:06:57Z","sha256":"8b69690c3d7d8dab4435902a30eb81860c7af71da93537a92a8430c898b6ab73","source_id":"us-vt","stale":false,"prev":"us-vt/11a-v.s.a.-11.03","next":"us-vt/11a-v.s.a.-11.05"},"notice":"GroundRules: Original legal text. Not legal advice."}