Vt. Stat. Ann. tit. 11, § 1606
Conversion; cooperative apartments
Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
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.
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.
Added 1987, No. 254 (Adj. Sess.), § 1, eff. June 16, 1988.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.