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2018 Vermont Statutes
Title 11C - Mutual Benefit Enterprises
Chapter 8 - Directors And Officers
§ 823 Resignation and removal of officers
Universal Citation: 11 V.S.A. § 823
§ 823. Resignation and removal of officers
(a) The board of directors may remove an officer at any time with or without cause.
(b) An officer of a mutual benefit enterprise may resign at any time by giving notice in a record to the enterprise. Unless the notice specifies a later time, the resignation is effective when the notice is given. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)
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