There is a newer version of the Vermont Statutes
2023
2022
2021
2020
2019
Other previous versions
View our newest version here

2011 Vermont Code
Title 11B Nonprofit Corporations
Chapter 6 MEMBERS AND MEMBERSHIP
§ 2 Consideration


11B VT Stats § 6.02. (2011 through Adj Sess) What's This?

§ 6.02. Consideration

Except as provided in its articles or bylaws, a corporation may admit members for no consideration or for such consideration as is determined by the board. (Added 1995, No. 179 (Adj. Sess.), § 1, eff. Jan. 1, 1997.)

Disclaimer: These codes may not be the most recent version. Vermont may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.