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2018 Vermont Statutes
Title 30 - Public Service
Chapter 81 - Electric Cooperatives
§ 3032 Sale or lease of assets
Universal Citation: 30 V.S.A. § 3032
§ 3032. Sale or lease of assets
A cooperative may not sell, lease, or otherwise dispose of all or a substantial portion of its property unless such sale, lease, or other disposition is authorized by the affirmative vote of not less than a majority of all the members of the cooperative. Members may vote in person or in a manner authorized under section 3011 of this title. (Amended 1999, No. 143 (Adj. Sess.), § 22.)
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