Chapter

Cooperative Housing Ownership Act

Vt. Stat. Ann. tit. 11, § 1581— Short title
Vt. Stat. Ann. tit. 11, § 1582— Purpose
Vt. Stat. Ann. tit. 11, § 1583— Definitions
Vt. Stat. Ann. tit. 11, § 1584— Application
Vt. Stat. Ann. tit. 11, § 1585— Name; use of “cooperative”
Vt. Stat. Ann. tit. 11, § 1586— Property classification of cooperative interest
Vt. Stat. Ann. tit. 11, § 1587— Perfection of security interests in cooperative interests
Vt. Stat. Ann. tit. 11, § 1588— Articles of incorporation; minimum requirements
Vt. Stat. Ann. tit. 11, § 1589— Subscriptions for membership prior to organization; organization meeting
Vt. Stat. Ann. tit. 11, § 1590— Minimum occupancy requirement
Vt. Stat. Ann. tit. 11, § 1591— Membership
Vt. Stat. Ann. tit. 11, § 1592— Bylaws; minimum requirements
Vt. Stat. Ann. tit. 11, § 1593— Membership shares; requirements
Vt. Stat. Ann. tit. 11, § 1594— Voting
Vt. Stat. Ann. tit. 11, § 1595— Meetings; notice; quorum
Vt. Stat. Ann. tit. 11, § 1596— Directors; election; removal
Vt. Stat. Ann. tit. 11, § 1597— Merger; consolidation
Vt. Stat. Ann. tit. 11, § 1598— Limited equity cooperatives
Vt. Stat. Ann. tit. 11, § 1599— Proprietary lease
Vt. Stat. Ann. tit. 11, § 1600— Deposits; sale of cooperative interests; escrow
Vt. Stat. Ann. tit. 11, § 1601— Offering of cooperative interests; subscription agreement; disclosures required
Vt. Stat. Ann. tit. 11, § 1602— Consumer protection; enforcement
Vt. Stat. Ann. tit. 11, § 1603— Dissolution
Vt. Stat. Ann. tit. 11, § 1604— Loans
Vt. Stat. Ann. tit. 11, § 1605— Net income; apportionment
Vt. Stat. Ann. tit. 11, § 1606— Conversion; cooperative apartments
Vt. Stat. Ann. tit. 11, § 1607— Nondiscrimination
Vt. Stat. Ann. tit. 11, § 1608— Eligibility for property tax relief [Effective July 1, 2028 if contingency met; see also 11 V.S.A. § 1608 effective until contingency met, set out above]
Vt. Stat. Ann. tit. 11, § 1609— Homestead exemption from attachment and execution
Vt. Stat. Ann. tit. 11, § 1610— Separate taxation; mobile home cooperatives