A member solely by reason of being a member may not act for or bind the mutual benefit enterprise.
Vt. Stat. Ann. tit. 11C, § 503
No power as member to bind enterprise
Known as the Mutual Benefit Enterprise Act
The act spans §§ 11–11 (158 sections).
Added 2011, No. 84 (Adj
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.