There is a newer version of the Vermont Statutes
2016 Vermont Statutes
Title 11C - Mutual Benefit Enterprises
Chapter 13 - Action By Member
§ 1304 Approval for discontinuance or settlement
11 V.S.A. § 1304 What's This?
§ 1304. Approval for discontinuance or settlement
A derivative action to enforce a right of a mutual benefit enterprise may not be discontinued or settled without the Court's approval. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)
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