Vt. Stat. Ann. tit. 11C, § 116
Dual capacity
Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
A person may have a patron member's interest and an investor member's interest in a mutual benefit enterprise. When such person acts as a patron member, the person is subject to this title and the organic rules governing patron members. When such person acts as an investor member, the person is subject to this title and the organic rules governing investor members.
A person may have a patron member’s interest and an investor member’s interest in a mutual benefit enterprise. When such person acts as a patron member, the person is subject to this title and the organic rules governing patron members. When such person acts as an investor member, the person is subject to this title and the organic rules governing investor members.
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.