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2021 Vermont Statutes
Title 11 - Corporations, Partnerships and Associations
Chapter 7 - Cooperatives
§ 1011. Contracts with directors
Universal Citation:
11 VT Stats § 1011 (2021)
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§ 1011. Contracts with directors
During the term of his or her office, a director shall not be a party to a contract for profit with the association differing in any way from the business relations accorded each member or holder of common stock of the association or others, or upon terms differing from those generally current in that district.
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