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2025 Vermont Statutes
Title 11C - Mutual Benefit Enterprises
Article 13 - Action by Member
§ 1304. Approval for discontinuance or settlement

Universal Citation:
11 VT Stats § 1304
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.
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§ 1304. Approval for discontinuance or settlement

A derivative action to enforce a right of a mutual benefit enterprise may not be discontinued or settled without the court’s approval. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)

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