If the organic rules provide for investor members, each investor member has one vote unless the organic rules otherwise provide. The organic rules may provide for the allocation of investor member voting power by class, classes, or any combination of classes.
Vt. Stat. Ann. tit. 11C, § 513
Voting by investor members
Known as the Mutual Benefit Enterprise Act
The act spans §§ 11C-1001 to 11C-909 (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.