{"data":{"id":"us-vt/30-v.s.a.-3027","jurisdiction":"us-vt","citation":"30 V.S.A. § 3027","heading":"Dissolution—Cooperative not commencing business","body":"A cooperative that has not commenced business may be dissolved by delivering to the Secretary of State a certificate of dissolution, which shall be executed and acknowledged on behalf of the cooperative by a majority of the incorporators and that shall state:\n(1) the name of the cooperative;\n(2) the address of its principal office;\n(3) that the cooperative has not commenced business;\n(4) that any sums received by the cooperative, less any part thereof disbursed for expenses of the cooperative, have been returned or paid to those entitled to them;\n(5) that no debt of the cooperative is unpaid; and\n(6) that a majority of the incorporators elect that the cooperative be dissolved.","path":["Title 30: Public Service","Chapter 081: Utility Cooperatives"],"source_url":"https://legislature.vermont.gov/statutes/section/30/081/03027","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T17:17:09Z","sha256":"2e2c5693f637e82c468e5e70b15c0fc96fa2eca42e244fd1bf872292cbbd276c","source_id":"us-vt","stale":false,"prev":"us-vt/30-v.s.a.-3026","next":"us-vt/30-v.s.a.-3028"},"notice":"GroundRules: Original legal text. Not legal advice."}