The Vermont Statutes Online
The Statutes below include the actions of the 2024 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Title 11A: Vermont Business Corporations
Chapter 020: Close Corporations
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§ 20.01. Law applicable
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§ 20.02. Close corporation defined
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§ 20.03. Incorporation of a close corporation
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§ 20.04. Election of existing corporation to become a close corporation
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§ 20.05. Additional articles of incorporation
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§ 20.06. Bylaws
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§ 20.07. Annual meeting
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§ 20.08. Elimination of board of directors
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§ 20.09. Shareholder agreements
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§ 20.10. Merger or consolidation
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§ 20.11. Limitations on continuation of close corporation status
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§ 20.12. Voluntary termination of close corporation status by amendment of articles of incorporation; vote required
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§ 20.13. Shareholders' option to dissolve corporation
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§ 20.14. Involuntary termination of close corporation status; proceeding to prevent loss of status
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§ 20.15. Judicial dissolution
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§ 20.16. Special voting requirements