Vermont Laws

The Vermont Statutes Online

Title 11B : Nonprofit Corporations

Chapter 006 : MEMBERS AND MEMBERSHIP

Subchapter 001 : ADMISSION OF MEMBERS

(Cite as: 11B V.S.A. § 6.02)

§ 6.02. Consideration

Except as provided in its articles or bylaws, a corporation may admit members for no consideration or for such consideration as is determined by the board. (Added 1995, No. 179 (Adj. Sess.), § 1, eff. Jan. 1, 1997.)