The Vermont Statutes Online
The Statutes below include the actions of the 2025 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.
(Cite as: 11 V.S.A. § 1594)
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§ 1594. Voting
(a) The votes in a cooperative housing corporation shall be assigned so that each member
has one vote.
(b) Voting authority may not be assigned to nonresidents.
(c) Nonmembers may be elected by the membership of the cooperative housing corporation
to serve on the board of directors of the cooperative housing corporation, provided
that no more than one-third of the directors may be nonmembers.
(d) Voting by proxy may be permitted in cooperative housing corporations, provided that
proxies are assigned to members and that no more than one proxy may be voted by any
member on any question.
(e) Voting by early voter absentee ballots may be permitted in cooperative housing corporations.
(f) Notwithstanding subsection (a) of this section, a cooperative housing corporation
not organized as a limited equity cooperative pursuant to section 1598 of this title may adopt in its articles of incorporation or bylaws, a voting scheme other than
one vote per member, except that decisions to merge a cooperative housing corporation
with another entity, dissolve it, or amend its articles of incorporation or bylaws
shall be made on the basis of one vote per member. (Added 1987, No. 254 (Adj. Sess.), § 1, eff. June 16, 1988; amended 2001, No. 6, § 12(a), eff. April 10, 2001; 2023, No. 85 (Adj. Sess.), § 30, eff. July 1, 2024.)