The Vermont Statutes Online
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
NOTE: The online version of the Vermont Statutes does NOT yet include the actions of the 2023 legislative session. The 2023 updates should be available by the end of October.
Subchapter 007 : WINDING UP OF COMPANY BUSINESS(Cite as: 11 V.S.A. § 4104)
§ 4104. Member’s or manager’s power and liability as agent after dissolution
A limited liability company is bound by a member’s or manager’s act after dissolution that:
(1) is appropriate for winding up the company’s business; or
(2) would have bound the company under section 4041 of this title before dissolution, if the other party to the transaction did not have notice of the dissolution. (Added 2015, No. 17, § 2.)