There Is a Newer Version
of
this Section
2021 Vermont Statutes
Title 30 - Public Service
Chapter 3 - Public Service Corporations, Other Than Railroads; Formation, Financing, Eminent Domain
§ 105. Payment for stock with property; approved by Commission
Universal Citation:
30 VT Stats § 105 (2021)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
§ 105. Payment for stock with property; approved by Commission
When stock is issued for property other than cash, the value of the property fixed by the incorporators or stockholders must receive the approval of the Public Utility Commission. (Amended 1959, No. 329 (Adj. Sess.), § 39(b), eff. March 1, 1961; 1995, No. 99 (Adj. Sess.), § 5.)
Disclaimer: These codes may not be the most recent version. Vermont may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
