There is a newer version of the Vermont Statutes
2011 Vermont Code
Title 30 Public Service
Chapter 3 PUBLIC SERVICE CORPORATIONS, OTHER THAN RAILROADS;
§ 105 Payment for stock with property; approved by public service board
30 VT Stats § 105. (2011 through Adj Sess) What's This?
§ 105. Payment for stock with property; approved by public service board
When stock is issued for property other than cash, the value of the property fixed by the incorporators or stockholders must receive the approval of the public service board. (Amended 1959, No. 329 (Adj. Sess.), { 39(b), eff. March 1, 1961; 1995, No. 99 (Adj. Sess.), { 5.)
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.