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2011 Vermont Code
Title 11 Corporations, Partnerships and Associations
Chapter 7 COOPERATIVES
§ 1011 Contracts with directors


11 VT Stats § 1011. (2011 through Adj Sess) What's This?

§ 1011. Contracts with directors

During the term of his or her office, a director shall not be a party to a contract for profit with the association differing in any way from the business relations accorded each member or holder of common stock of the association or others, or upon terms differing from those generally current in that district.

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