There Is a Newer Version of the Vermont Statutes
  1. 2025 Vermont Stat.
  2. 2024 Vermont Stat.
  3. 2023 Vermont Stat.
  4. 2015 Vermont Stat. (here)
  5. View All Versions
View Our Newest Version Here

2015 Vermont Statutes
Title 11 - Corporations, Partnerships and Associations
Chapter 21 - Limited Liability Companies
Subchapter 5: TRANSFEREES AND CREDITORS OF MEMBER
§ 3075 Power of estate of deceased or member who is incompetent

11 V.S.A. § 3075 What's This?

[Section 3075 repealed effective July 1, 2016.]

§ 3075. Power of estate of deceased or member who is incompetent

If a member who is an individual dies or a court adjudges the member to be incompetent to manage the member's person or property, the member's executor, administrator, guardian, conservator or other legal representative may exercise all of the member's rights for the purpose of settling the member's estate or administering the member's property. If a member is a corporation, trust, or other entity and is dissolved or terminated, the powers of the member may be exercised by its legal representative or successor. (Added 1995, No. 179 (Adj. Sess.), § 4; amended 2013, No. 96 (Adj. Sess.), § 40.)

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.