Vt. Stat. Ann. tit. 11C, § 823
Resignation and removal of officers
Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
(1) The board of directors may remove an officer at any time with or without cause.
(1) The board of directors may remove an officer at any time with or without cause.
(2) An officer of a mutual benefit enterprise may resign at any time by giving notice in a record to the enterprise. Unless the notice specifies a later time, the resignation is effective when the notice is given. Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.
(2) An officer of a mutual benefit enterprise may resign at any time by giving notice in a record to the enterprise. Unless the notice specifies a later time, the resignation is effective when the notice is given.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.