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The Vermont Statutes Online

 

Title 11B : Nonprofit Corporations

Chapter 008 : DIRECTORS AND OFFICERS

Subchapter 001 : BOARD OF DIRECTORS

(Cite as: 11B V.S.A. § 8.03)
  • § 8.03. Number of directors

    (a) A board of directors must consist of three or more individuals, with the number specified in or fixed in accordance with the articles of incorporation or bylaws.

    (b) The number of directors may be increased or decreased (but to no fewer than three) from time to time by amendment to or in the manner prescribed in the articles of incorporation or bylaws. (Added 1995, No. 179 (Adj. Sess.), § 1, eff. Jan. 1, 1997.)