2015 Vermont Statutes
Title 11 - Corporations, Partnerships and Associations
Chapter 25 - Limited Liability Companies
Subchapter 1: GENERAL PROVISIONS
§ 4004 Supplemental principles of law

11 V.S.A. § 4004 What's This?

§ 4004. Supplemental principles of law

(a) Unless displaced by particular provisions of this chapter, the principles of law and equity supplement this chapter.

(b) If an obligation to pay interest arises under this chapter and the rate is not specified, the rate shall be 12 percent per annum computed by the actuarial method. (Added 2015, No. 17, § 2.)

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