Vt. Stat. Ann. tit. 11, § 4172
Election
Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
A limited liability company organized pursuant to this title for the purpose of operating a business that utilizes blockchain technology for a material portion of its business activities may elect to be a blockchain-based limited liability company (BBLLC) by:
A limited liability company organized pursuant to this title for the purpose of operating a business that utilizes blockchain technology for a material portion of its business activities may elect to be a blockchain-based limited liability company (BBLLC) by:
(1) specifying in its articles of organization that it elects to be a BBLLC; and
(1) specifying in its articles of organization that it elects to be a BBLLC; and
(2) meeting the requirements in subdivision 4173(2) and subsection 4174(a) of this title. Added 2017, No. 205 (Adj. Sess.), § 7.
(2) meeting the requirements in subdivision 4173(2) and subsection 4174(a) of this title.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.