The provisions of 27 V.S.A. chapter 15, subchapter 2 shall apply to all proposed conversions of residential rental properties to cooperative ownership. “Conversion” shall be deemed to occur when a cooperative interest is first offered to a prospective member of a cooperative housing corporation involving the subject property.
Vt. Stat. Ann. tit. 11, § 1606
Conversion; cooperative apartments
Known as the Cooperative Housing Ownership Act
The act spans §§ 11–11 (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.