The Vermont Statutes Online
Title 11B: Nonprofit Corporations
Chapter 008: DIRECTORS AND OFFICERS
- Subchapter 001: BOARD OF DIRECTORS
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§ 8.01. Requirement for and duties of board
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§ 8.02. Qualifications of directors
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§ 8.03. Number of directors
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§ 8.04. Election, designation, and appointment of directors
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§ 8.05. Terms of directors generally
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§ 8.06. Staggered terms for directors
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§ 8.07. Resignation of directors
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§ 8.08. Removal of directors elected by members or directors
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§ 8.09. Removal of designated or appointed directors
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§ 8.10. Removal of directors by judicial proceeding
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§ 8.11. Vacancy on board
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§ 8.12. Compensation of directors
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§ 8.13. Financially disinterested majority-Public benefit corporations
- Subchapter 002: MEETINGS AND ACTION OF THE BOARD
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§ 8.20. Regular and special meetings
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§ 8.21. Action without meeting
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§ 8.22. Call and notice of meetings
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§ 8.23. Waiver of notice
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§ 8.24. Quorum and voting
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§ 8.25. Committees of the board
- Subchapter 003: STANDARD OF CONDUCT
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§ 8.30. General standards for directors
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§ 8.31. Director conflict of interest
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§ 8.32. Loans to or guarantees for directors and officers
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§ 8.33. Liability for unlawful distributions; statute of limitations
- Subchapter 004: OFFICERS
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§ 8.40. Required officers
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§ 8.41. Duties and authority of officers
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§ 8.42. Standards of conduct for officers
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§ 8.43. Resignation and removal of officers
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§ 8.44. Contract rights of officers
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§ 8.45. Officers' authority to execute documents
- Subchapter 005: INDEMNIFICATION
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§ 8.50. Subchapter definitions
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§ 8.51. Authority to indemnify
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§ 8.52. Mandatory indemnification
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§ 8.53. Advance for expenses
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§ 8.54. Court-ordered indemnification
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§ 8.55. Determination and authorization of indemnification
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§ 8.56. Indemnification of officers, employees, and agents
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§ 8.57. Insurance
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§ 8.58. Application of subchapter
