The bylaws of a cooperative housing corporation shall contain procedures under which the cooperative housing corporation’s possessory remedy shall be pursued in the event of a member’s default and the rights of the defaulting member, in accordance with subdivision 1599(3) of this title.
Vt. Stat. Ann. tit. 11, § 1592
Bylaws; minimum requirements
Known as the Cooperative Housing Ownership Act
The act spans §§ 11-1581 to 11-1610 (30 sections).
Added 1987, No. 254 (Adj
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.