2011 Vermont Code
Title 11B Nonprofit Corporations
Chapter 13 DISTRIBUTIONS
§ 1 Prohibited distributions


11B VT Stats § 13.01. (2011 through Adj Sess) What's This?

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TITLE 11B

Nonprofit Corporations

CHAPTER 13. DISTRIBUTIONS

§ 13.01. Prohibited distributions

Except as authorized by section 13.02 of this title, a corporation shall not make any distributions. (Added 1995, No. 179 (Adj. Sess.), § 1, eff. Jan. 1, 1997.)

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