2021 Vermont Statutes
Title 11C - Mutual Benefit Enterprises
Chapter 4 - Amendment of Organic Rules of Mutual Benefit Enterprise
§ 404. Voting by district, class, or voting group

§ 404. Voting by district, class, or voting group

(a) This section applies if the organic rules provide for voting by district or class or if there is one or more identifiable voting groups that a proposed amendment to the organic rules would affect differently from other members with respect to matters identified in subdivisions 405(e)(1) through (5) of this title. Approval of the amendment requires the same percentage of votes of the members of that district, class, or voting group required in sections 405 and 514 of this title.

(b) If a proposed amendment to the organic rules would affect members in two or more districts or classes entitled to vote separately under subsection (a) of this section in the same or a substantially similar way, the districts or classes affected shall vote as a single voting group unless the organic rules otherwise provide for separate voting. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)