There is a newer version of the Vermont Statutes
2011 Vermont Code
Title 30 Public Service
Chapter 81 ELECTRIC COOPERATIVES
§ 3032 Sale or lease of assets
30 VT Stats § 3032. (2011 through Adj Sess) What's This?
§ 3032. Sale or lease of assets
A cooperative may not sell, lease or otherwise dispose of all or a substantial portion of its property unless such sale, lease or other disposition is authorized by the affirmative vote of not less than a majority of all the members of the cooperative. Members may vote in person or in a manner authorized under section 3011 of this title. (Amended 1999, No. 143 (Adj. Sess.), { 22.)
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