Vt. Stat. Ann. tit. 11C, § 106
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Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
A mutual benefit enterprise may sue and be sued in its own name and do all things necessary or convenient to carry on its activities. An enterprise may maintain an action against a member for harm caused to the enterprise by the member's violation of a duty to the enterprise or of the organic laws or organic rules.
A mutual benefit enterprise may sue and be sued in its own name and do all things necessary or convenient to carry on its activities. An enterprise may maintain an action against a member for harm caused to the enterprise by the member’s violation of a duty to the enterprise or of the organic laws or organic rules.
Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.