The Vermont Statutes Online
The Vermont Statutes Online does not include the actions of the 2024 session of the General Assembly. We expect them to be updated by November 1st.
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 005 : Members
(Cite as: 11C V.S.A. § 512)-
§ 512. Determination of voting power of patron member
(a) The organic rules may allocate voting power among patron members on the basis of one or a combination of the following:
(1) one member, one vote;
(2) use or patronage;
(3) equity; or
(4) if a patron member is a cooperative, the number of its patron members.
(b) The organic rules may provide for the allocation of patron member voting power by districts or class or any combination thereof. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)
