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Vt. Stat. Ann. tit. 11C, § 403

Method of voting on amendment of organic rules

Known as the Mutual Benefit Enterprise Act

The act spans §§ 11–11 (158 sections).

Added 2011, No. 84 (Adj

(a) A substantive change to a proposed amendment of the organic rules may not be made at the members’ meeting at which a vote on the amendment occurs.

(b) A nonsubstantive change to a proposed amendment of the organic rules may be made at the members’ meeting at which the vote on the amendment occurs and need not be separately voted upon by the board of directors.

(c) A vote to adopt a nonsubstantive change to a proposed amendment to the organic rules shall be by the same percentage of votes as is required to pass a proposed amendment.

Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.