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2017 Vermont Statutes
Title 11 - Corporations, Partnerships and Associations
Chapter 1 - Corporations Generally
§ 562 Distributions required
Universal Citation: 11 V.S.A. § 562
§ 562. Distributions required
Each corporation which is a "private foundation" as defined in section 509 of the Internal Revenue Code of 1986 shall distribute, for the purposes specified in its articles of organization, for each taxable year, amounts at least sufficient to avoid liability for the tax imposed by section 4942(a) of the Internal Revenue Code of 1986. (1971, No. 112, § 2.)
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