The Vermont Statutes Online
The Vermont Statutes Online have been updated to include the actions of the 2023 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.
Title 11B : Nonprofit Corporations
Chapter 007 : Members, Meetings and Voting
Subchapter 002 : Voting
(Cite as: 11B V.S.A. § 7.21)-
§ 7.21. Voting entitlement generally
(a) Unless the articles or bylaws provide otherwise, each member is entitled to one vote on each matter voted on by the members.
(b) Unless the articles or bylaws provide otherwise, if a membership stands of record in the names of two or more persons, their acts with respect to voting shall have the following effect:
(1) if only one votes, such act binds all; and
(2) if more than one votes, the vote shall be divided on a pro rata basis. (Added 1995, No. 179 (Adj. Sess.), § 1, eff. Jan. 1, 1997.)
