{"data":{"id":"us-vt/11c-v.s.a.-802","jurisdiction":"us-vt","citation":"11C V.S.A. § 802","heading":"No liability as director for mutual benefit enterprise’s obligations","body":"A debt, obligation, or other liability of a mutual benefit enterprise is solely that of the enterprise and is not a debt, obligation, or liability of a director solely by reason of being a director. An individual is not personally liable, directly or indirectly, for an obligation of an enterprise solely by reason of being a director.","path":["Title 11C: Mutual Benefit Enterprises","Chapter 008: Directors and Officers"],"source_url":"https://legislature.vermont.gov/statutes/section/11C/008/00802","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T16:24:27Z","sha256":"5a8af0f88fe7e5fab9c51faee534125395c5f9cb530acb44601f81b4de7625be","source_id":"us-vt","stale":false,"prev":"us-vt/11c-v.s.a.-801","next":"us-vt/11c-v.s.a.-803"},"notice":"GroundRules: Original legal text. Not legal advice."}