The Vermont Statutes Online
The Statutes below include the actions of the 2024 session of the General Assembly.
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NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Title 11C : Mututal Benefit Enterprises
Chapter 001 : General Provisions
(Cite as: 11C V.S.A. § 115)-
§ 115. Business transactions of member with mutual benefit enterprise
Subject to sections 818 and 819-819c of this title, and except as otherwise provided in the organic rules or a specific contract relating to a transaction, a member may lend money to and transact other business with a mutual benefit enterprise in the same manner as a person who is not a member. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)