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 008 : Directors and Officers
(Cite as: 11C V.S.A. § 823)-
§ 823. Resignation and removal of officers
(a) The board of directors may remove an officer at any time with or without cause.
(b) An officer of a mutual benefit enterprise may resign at any time by giving notice in a record to the enterprise. Unless the notice specifies a later time, the resignation is effective when the notice is given. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)