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.
Subchapter
004
:
DEFINITIONS
(Cite as: 11A V.S.A. § 1.42)
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§ 1.42. Number of shareholders
(a) For purposes of this title, the following identified as a shareholder in a corporation’s
current record of shareholders constitutes one shareholder:
(1) all co-owners of the same shares;
(2) a corporation, partnership, trust, estate, or other entity;
(3) the trustees, guardians, custodians, or other fiduciaries of a single trust, estate,
or account.
(b) For purposes of this title, shareholdings registered in substantially similar names
constitute one shareholder if it is reasonable to believe that the names represent
the same person. The provisions of this subsection shall not affect the voting rights
of shareholders under chapter 7 of this title. (Added 1993, No. 85, § 2, eff. Jan. 1, 1994.)