{"data":{"id":"us-vt/11c-v.s.a.-1006","jurisdiction":"us-vt","citation":"11C V.S.A. § 1006","heading":"Redemption or repurchase","body":"Property distributed to a member by a mutual benefit enterprise, other than money, may be redeemed or repurchased as provided in the organic rules but a redemption or repurchase may not be made without authorization by the board of directors. The board may withhold authorization for any reason in its sole discretion. A redemption or repurchase is treated as a distribution for purposes of section 1007 of this title.","path":["Title 11C: Mutual Benefit Enterprises","Chapter 010: Contributions, Allocations, and Distributions"],"source_url":"https://legislature.vermont.gov/statutes/section/11C/010/01006","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T16:25:27Z","sha256":"8eb34a6023a23c8749cc106694c179bdf636d762d2c14a347dda091212eea682","source_id":"us-vt","stale":false,"prev":"us-vt/11c-v.s.a.-1005","next":"us-vt/11c-v.s.a.-1007"},"notice":"GroundRules: Original legal text. Not legal advice."}