The Vermont Statutes Online

Title 11A: Vermont Business Corporations

Chapter 008: Directors and Officers

• Subchapter 001: Board of Directors
•    § 8.01. Requirement for and duties of board of directors

•    § 8.02. Qualifications of directors

•    § 8.03. Number and election of directors

•    § 8.04. Election of directors by certain classes of shareholders

•    § 8.05. Terms of directors generally

•    § 8.06. Staggered terms for directors

•    § 8.07. Resignation of directors

•    § 8.08. Removal of directors by shareholders

•    § 8.09. Removal of directors by judicial proceeding

•    § 8.10. Vacancy on board

•    § 8.11. Compensation of directors

• Subchapter 002: Meetings and Action of the Board
•    § 8.20. Meetings

•    § 8.21. Action without meeting

•    § 8.22. Notice of meeting

•    § 8.23. Waiver of notice

•    § 8.24. Quorum and voting

•    § 8.25. Committees

• Subchapter 003: Standard of Conduct
•    § 8.30. General standards for directors

•    §§ 8.31, 8.32. [Reserved]

•    § 8.33. Liability for unlawful distributions; statute of limitations

• Subchapter 004: Officers
•    § 8.40. Officers

•    § 8.41. Duties of officers

•    § 8.42. [Reserved]

•    § 8.43. Resignation and removal of officers

•    § 8.44. Contract rights of officers

• Subchapter 005: Indemnification
•    § 8.50. Subchapter definitions

•    § 8.51. Authority to indemnify

•    § 8.52. Mandatory indemnification

•    § 8.53. Advance for expenses

•    § 8.54. Court-ordered indemnification

•    § 8.55. Determination and authorization of indemnification

•    § 8.56. Indemnification of officers, employees, and agents

•    § 8.57. Insurance

•    § 8.58. Application of subchapter

• Subchapter 006: Directors Conflicting Interest Transactions
•    § 8.60. Definitions

•    § 8.61. Judicial action

•    § 8.62. Directors' action

•    § 8.63. Shareholders' action

Full Text of Chapter