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2012 Vermont Statutes
Title 11 Corporations, Partnerships and Associations
Chapter 14 COOPERATIVE HOUSING OWNERSHIP ACT
§ 1606 Conversion; cooperative apartments
Universal Citation:
11 V.S.A. § 1606.
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§ 1606. Conversion; cooperative apartments
The provisions of 27 V.S.A. chapter 15, subchapter 2 shall apply to all proposed conversions of residential rental properties to cooperative ownership. "Conversion" shall be deemed to occur when a cooperative interest is first offered to a prospective member of a cooperative housing corporation involving the subject property. (Added 1987, No. 254 (Adj. Sess.), § 1, eff. June 16, 1988.)
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