{"data":{"id":"us-vt/11a-v.s.a.-7.07","jurisdiction":"us-vt","citation":"11A V.S.A. § 7.07","heading":"Record date","body":"(a) The bylaws may fix or provide the manner of fixing the record date for one or more voting groups in order to determine the shareholders entitled to notice of a shareholders’ meeting, to demand a special meeting, to vote, or to take any other action. If the bylaws do not fix or provide for fixing a record date, the board of directors of the corporation may fix a future date as the record date.\n(b) A record date fixed under this section may not be less than 10 nor more than 70 days before the meeting or action requiring a determination of shareholders.\n(c) A determination of shareholders entitled to notice of or to vote at a shareholders’ meeting is effective for any adjournment of the meeting unless the board of directors fixes a new record date, which it must do if the meeting is adjourned to a date more than 120 days after the date fixed for the original meeting.\n(d) If a court orders a meeting adjourned to a date more than 120 days after the date fixed for the original meeting, it may provide that the original record date continues in effect or it may fix a new record date.","path":["Title 11A: Vermont Business Corporations","Chapter 007: Shareholders","Subchapter 001: MEETINGS"],"source_url":"https://legislature.vermont.gov/statutes/fullchapter/11A/007","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T16:05:21Z","sha256":"d850134b84086354787d96607bd38544fbd2d63f26487c00588f0ec928fc96f3","source_id":"us-vt","stale":false,"prev":"us-vt/11a-v.s.a.-7.06","next":"us-vt/11a-v.s.a.-7.20"},"notice":"GroundRules: Original legal text. Not legal advice."}