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2025 Vermont Statutes
Title 11 - Corporations, Partnerships and Associations
Chapter 7 - General Cooperative Corporations and Cooperative Associations
§ 1014. Salaries
Universal Citation:
11 VT Stats § 1014
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§ 1014. Salaries
An association may provide a fair compensation for the time actually spent by its officers and directors in its service and for the service of the members of its executive committee. The bylaws may provide that a director or officer shall not occupy any position in the association on regular salary or substantially full time pay.
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