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2018 Vermont Statutes
Title 30 - Public Service
Chapter 81 - Electric Cooperatives
§ 3023 Transfer of rights and liabilities
Universal Citation: 30 V.S.A. § 3023
§ 3023. Transfer of rights and liabilities
All the rights, privileges, immunities, and franchises and all property, real and personal, including applications for membership, all debts due on whatever account, and all other choses in action, of each of the consolidating or merger cooperatives shall be deemed to be transferred to and vested in the new or surviving cooperative respectively, without further act or deed.
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