Title 11 - Corporations, Partnerships and Associations
- Chapter 1 - CORPORATIONS GENERALLY (Contains: §§ 1 – 568)
- § 1 - 1-4. Repealed. 1971, No. 237 (Adj. Sess.), § 100.
- § 41 - Repealed. 1971, No. 237 (Adj. Sess.), § 100.
- § 42 - Specific purposes
- § 43 - 43-49. Repealed. 1971, No. 237 (Adj. Sess.), § 100.
- § 50 - Reorganization of corporations formed prior to 1915
- § 61 - 61-67. Repealed. 1971, No. 237 (Adj. Sess.), § 100.
- § 101 - 101-107. Repealed. 1971, No. 237 (Adj. Sess.), § 100.
- § 108 - Banks, trust and mutual insurance companies
- § 131 - Repealed. 1971, No. 237 (Adj. Sess.), § 100.
- § 132 - Repealed. 1967, No. 59. § 1.
- § 133 - Repealed. 1971, No. 237 (Adj. Sess.), § 100.
- § 161 - 161-168. Repealed. 1971, No. 237 (Adj. Sess.), § 100.
- § 191 - 191-195. Repealed. 1971, No. 237 (Adj. Sess.), § 100.
- § 196 - Power of historical corporations to amend articles
- § 221 - 221-230. Repealed. 1971, No. 237 (Adj. Sess.), § 100.
- § 231 - Acknowledgments by stockholder or officer
- § 261 - 261-272. Repealed. 1971, No. 237 (Adj. Sess.), § 100.
- § 273 - Public service corporations, powers of board
- § 274 - Attachment and sale of stock
- § 275 - Repealed. 1971, No. 237 (Adj. Sess.), § 100.
- § 276 - Repealed. 1959, No. 262, § 37.
- § 277 - Repealed. 1971, No. 237 (Adj. Sess.), § 100.
- § 301 - 301-322. Repealed. 1966, No. 29, § 3.
- § 361 - 361-363. Repealed. 1971, No. 237 (Adj. Sess.), § 100.
- § 381 - 381-383. Repealed. 1971, No. 237 (Adj. Sess.), § 100.
- § 421 - 421-423. Repealed. 1971, No. 237 (Adj. Sess.), § 100.
- § 441 - Corporation to produce books on notice
- § 442 - Notice for production
- § 443 - Contempt
- § 444 - Injunction and receivership
- § 461 - 461-464. Repealed. 1971, No. 237 (Adj. Sess.), § 100.
- § 491 - 491-495. Repealed. 1971, No. 237 (Adj. Sess.), § 100.
- § 511 - 511-516. Repealed. 1971, No. 237 (Adj. Sess.), § 100.
- § 531 - Repealed. 1971, No. 237 (Adj. Sess.), § 100.
- § 532 - Repealed. 1971, No. 237 (Adj. Sess.), § 100.
- § 551 - Repealed. 1971, No. 237 (Adj. Sess.), § 100.
- § 552 - Repealed. 1971, No. 237 (Adj. Sess.), § 100.
- § 561 - Prohibited acts
- § 562 - Distributions required
- § 563 - Conformity with articles of association
- § 564 - Powers of attorney general
- § 565 - Trusts
- § 566 - -Distribution required
- § 567 - -Effect of trust instrument
- § 568 - Future federal amendments
- Chapter 3 - INCORPORATION OF PROFESSIONAL PERSONS (Contains: §§ 801 – 813)
- § 801 - Definitions
- § 802 - Articles of association
- § 803 - Applicability of general corporation law
- § 804 - Purpose for which incorporated
- § 805 - Issuance and transfer of shares
- § 806 - Officers, directors and shareholders
- § 807 - Professional services through officers, employees, agents
- § 808 - Professional relationship and liability
- § 809 - Professional regulation
- § 810 - Prohibited acts
- § 811 - Death or disqualification of shareholders
- § 812 - Certificates
- § 813 - Statutory policy
- Chapter 4 - PROFESSIONAL CORPORATIONS (Contains: §§ 815 – 881)
- § 815 - Short title
- § 816 - Application of Vermont Business Corporation Act
- § 817 - Definitions
- § 820 - Election of professional corporation status
- § 821 - Purposes
- § 822 - General powers
- § 823 - Rendering professional services
- § 824 - Prohibited activities
- § 825 - Corporate name
- § 830 - Issuance of shares
- § 831 - Notice of professional corporation status on shares
- § 832 - Share transfer restriction
- § 833 - Compulsory acquisition of shares after death or disqualification of shareholder
- § 834 - Acquisition procedure
- § 835 - Court action to appraise shares
- § 836 - Court costs and fees of experts
- § 837 - Cancellation of disqualified shares
- § 840 - Directors and officers
- § 841 - Voting of shares
- § 842 - Confidential relationship
- § 843 - Privileged communications
- § 844 - Responsibility for professional services
- § 850 - Merger
- § 851 - Termination of professional activities
- § 852 - Judicial dissolution
- § 860 - Authority to transact business
- § 861 - Application for certificate of authority
- § 862 - Revocation of certificate of authority
- § 870 - Articles of incorporation for licensing authority
- § 871 - Annual report for secretary of state
- § 872 - Licensing authority's regulatory jurisdiction
- § 873 - Penalty for signing false document
- § 880 - Application to existing corporations
- § 881 - Compliance with ownership provisions
- Chapter 5 - SCRIP CORPORATIONS (Contains: §§ 921 – 938)
- § 921 - General provisions
- § 922 - Certificate of public good
- § 923 - Definitions
- § 924 - Examination; bonds
- § 925 - Consent of commissioner required
- § 926 - Redemption
- § 927 - Limitation of amount of scrip issued
- § 928 - Issuance; rights of holders; liquidations; actions
- § 929 - Redemption right
- § 930 - Borrowing scrip by municipal corporations
- § 931 - Use of scrip in payment of taxes or wages
- § 932 - Indebtedness pledged to secure scrip
- § 933 - Security and redemption funds
- § 934 - Bank deposits left with bank
- § 935 - Redemption; action against corporation limited
- § 936 - Surplus moneys belong to state
- § 937 - Enjoining issuance of scrip
- § 938 - Penalties
- Chapter 7 - COOPERATIVES (Contains: §§ 981 – 1065)
- § 981 - Use of 'cooperative.'
- § 991 - Definitions
- § 992 - Use of 'cooperative.'
- § 993 - Subscribers
- § 994 - Powers
- § 995 - Articles
- § 996 - Amendment of certificate
- § 997 - Fee
- § 998 - Members
- § 999 - Proxies
- § 1000 - Adoption of bylaws
- § 1001 - Contents of bylaws
- § 1002 - Meetings
- § 1003 - Special meetings
- § 1004 - Notice of meetings
- § 1005 - Place of meetings
- § 1006 - Directors
- § 1007 - Classification of directors
- § 1008 - Primary elections for directors
- § 1009 - Appointment of directors by public officials
- § 1010 - Vacancies on board of directors
- § 1011 - Contracts with directors
- § 1012 - Executive committee
- § 1013 - Officers
- § 1014 - Salaries
- § 1015 - Issue of stock
- § 1016 - Liability of members for debts
- § 1017 - Preferred stock
- § 1018 - Marketing contracts-Terms
- § 1019 - -Damages
- § 1020 - -Enjoining breach
- § 1021 - -Liability of landowner, landlord or lessor
- § 1022 - Payment in stock
- § 1023 - Ownership or control of other corporations
- § 1024 - Warehouse receipts
- § 1025 - Joint agreements
- § 1026 - Annual report
- § 1027 - Foreign corporations
- § 1028 - Application to existing corporations
- § 1029 - Soliciting breach of contract
- § 1030 - Conspiracies or combinations in restraint of trade
- § 1031 - Penalties
- § 1061 - Procedure
- § 1062 - Filing of articles
- § 1063 - Fee
- § 1064 - Powers
- § 1065 - Preservation of rights and liabilities
- Chapter 8 - WORKER COOPERATIVE CORPORATIONS (Contains: §§ 1081 – 1092)
- § 1081 - Short title
- § 1082 - Definitions
- § 1083 - Corporations organized under chapter 17; election to be governed as worker cooperative
- § 1084 - Revocation of election
- § 1085 - Corporate name
- § 1086 - Members' membership shares; fees; rights and responsibilities
- § 1087 - Voting shares; bylaws; amendment of articles of organization
- § 1088 - Net earnings or losses; apportionment, distribution and payment
- § 1089 - Directors; officers
- § 1090 - Internal capital accounts; recall or redemption of shares; interest; collective reserve account
- § 1091 - Internal capital account cooperatives
- § 1092 - Conversion of membership shares and internal capital accounts upon revocation of election; consolidation or merger
- Chapter 9 - PARTNERSHIPS (Contains: §§ 1121 – 1321)
- § 1121 - 1121-1125. Repealed. 1997, No. 149 (Adj. Sess.), § 2, eff. Jan. 1, 1999.
- § 1161 - 1161-1163. Repealed. 1997, No. 149 (Adj. Sess.), § 2, eff. Jan. 1, 1999.
- § 1201 - 1201-1209. Repealed. 1997, No. 149 (Adj. Sess.), § 2, eff. Jan. 1, 1999.
- § 1241 - 1241-1246. Repealed. 1997, No. 149 (Adj. Sess.), § 2, eff. Jan. 1, 1999.
- § 1281 - 1281-1285. Repealed. 1997, No. 149 (Adj. Sess.), § 2, eff. Jan. 1, 1999.
- § 1321 - 1321-1335. Repealed. 1997, No. 149 (Adj. Sess.), § 2, eff. Jan. 1, 1999.
- Chapter 11 - LIMITED PARTNERSHIPS (Contains: §§ 1391 – 1391)
- Chapter 13 - RELIGIOUS SOCIETIES (Contains: §§ 1471 – 1571)
- § 1471 - Notice of meeting to provide for repairs
- § 1472 - Organization of meeting
- § 1473 - Voting and assessment
- § 1474 - Assessment of pews
- § 1475 - Sale of pews for nonpayment
- § 1476 - Redemption
- § 1501 - Procedure
- § 1502 - Signing and filing of articles
- § 1531 - Petition for dissolution
- § 1532 - Recognizance
- § 1533 - Opposing petition
- § 1534 - Appointment of commissioners, hearing
- § 1535 - Report and judgment
- § 1536 - Further proceedings
- § 1537 - Commissioner's fees; costs
- § 1571 - Authority to act as trustee
- Chapter 14 - COOPERATIVE HOUSING OWNERSHIP ACT (Contains: §§ 1581 – 1610)
- § 1581 - Short title
- § 1582 - Purpose
- § 1583 - Definitions
- § 1584 - Application
- § 1585 - Name; use of 'cooperative'
- § 1586 - Property classification of cooperative interest
- § 1587 - Perfection of security interests in cooperative interests
- § 1588 - Articles of association; minimum requirements
- § 1589 - Subscriptions for membership prior to organization; organization meeting
- § 1590 - Minimum occupancy requirement
- § 1591 - Membership
- § 1592 - Bylaws; minimum requirements
- § 1593 - Membership shares; requirements
- § 1594 - Voting
- § 1595 - Meetings; notice; quorum
- § 1596 - Directors; election; removal
- § 1597 - Merger; consolidation
- § 1598 - Limited equity cooperatives
- § 1599 - Proprietary lease
- § 1600 - Deposits; sale of cooperative interests; escrow
- § 1601 - Offering of cooperative interests; subscription agreement; disclosures required
- § 1602 - Consumer protection; enforcement
- § 1603 - Dissolution
- § 1604 - Loans
- § 1605 - Net income; apportionment
- § 1606 - Conversion; cooperative apartments
- § 1607 - Nondiscrimination
- § 1608 - Eligibility for property tax relief
- § 1609 - Homestead exemption from attachment and execution
- § 1610 - Separate taxation; mobile home cooperatives
- Chapter 15 - REGISTRATION OF BUSINESS ENTITIES (Contains: §§ 1621 – 1636)
- § 1621 - Registration of business name by persons, partnerships, and associations
- § 1621a - Reserved name
- § 1622 - Registration by legal representative of decedent
- § 1623 - Registration by corporations and limited liability companies
- § 1624 - Forms
- § 1625 - Fees
- § 1626 - Enforcing compliance
- § 1627 - Service of process
- § 1628 - Certificate of cessation of business or change of business status
- § 1629 - Penalties
- § 1630 - Process agent
- § 1631 - -Vacancy
- § 1632 - Exceptions
- § 1633 - Secretary of state as process agent
- § 1634 - Effect of failure and neglect
- § 1635 - Reregistration
- § 1636 - Termination of business name; hearing
- Chapter 17 - CORPORATIONS (Contains: §§ 1801 – 1801)
- Chapter 19 - NONPROFIT CORPORATIONS (Contains: §§ 2301 – 2801)
- § 2301 - 2301-2309. Repealed. 1995, No. 179 (Adj. Sess.), § 3, eff. Jan. 1, 1997.
- § 2351 - 2351-2374. Repealed. 1995, No. 179 (Adj. Sess.), § 3, eff. Jan. 1, 1997.
- § 2401 - 2401-2405. Repealed. 1995, No. 179 (Adj. Sess.), § 3, eff. Jan. 1, 1997.
- § 2451 - 2451-2455. Repealed. 1995, No. 179 (Adj. Sess.), § 3, eff. Jan. 1, 1997.
- § 2501 - 2501-2506. Repealed. 1995, No. 179 (Adj. Sess.), § 3, eff. Jan. 1, 1997.
- § 2551 - Repealed. 1995, No. 179 (Adj. Sess.), § 3, eff. Jan. 1, 1997.
- § 2601 - 2601-2619. Repealed. 1995, No. 179 (Adj. Sess.), § 3, eff. Jan. 1, 1997.
- § 2651 - 2651-2668. Repealed. 1995, No. 179 (Adj. Sess.), § 3, eff. Jan. 1, 1997.
- § 2701 - 2701, 2702. Repealed. 1995, No. 179 (Adj. Sess.), § 3, eff. Jan. 1, 1997.
- § 2751 - 2751-2755. Repealed. 1995, No. 179 (Adj. Sess.), § 3, eff. Jan. 1, 1997.
- § 2801 - 2801-2806. Repealed. 1995, No. 179 (Adj. Sess.), § 3, eff. Jan. 1, 1997.
- Chapter 21 - LIMITED LIABILITY COMPANIES (Contains: §§ 3001 – 3184)
- § 3001 - Definitions
- § 3002 - Knowledge and notice
- § 3003 - Effect of operating agreement; nonwaivable provisions
- § 3004 - Supplemental principles of law
- § 3005 - Name
- § 3006 - Reserved name
- § 3007 - Registered name
- § 3008 - Designated office and agent
- § 3009 - Change of designated office or agent for service of process
- § 3010 - Resignation of agent for service of process
- § 3011 - Service of process
- § 3012 - Nature of business and powers
- § 3013 - Fees
- § 3021 - Limited liability company as legal entity
- § 3022 - Organization
- § 3023 - Articles of organization
- § 3024 - Amendment or restatement of articles of organization
- § 3025 - Signing of documents
- § 3026 - Filing in office of secretary of state
- § 3027 - Correcting filed document
- § 3028 - Certificate of existence or authorization
- § 3029 - Liability for false statement in filed document
- § 3030 - Filing by judicial act
- § 3031 - Limited liability company property
- § 3032 - When property is limited liability company property
- § 3041 - Agency of members and managers
- § 3042 - Limited liability company liable for member's or manager's actionable conduct
- § 3043 - Liability of members and managers
- § 3051 - Form of contribution
- § 3052 - Member's liability for contributions
- § 3053 - Member's and manager's rights to payments and reimbursement
- § 3054 - Management of limited liability company
- § 3055 - Sharing of profits and losses and right to distributions
- § 3056 - Limitations on distributions
- § 3057 - Liability for unlawful distributions
- § 3058 - Member's right to information
- § 3059 - General standards of member's and manager's conduct
- § 3060 - Actions by members
- § 3061 - Continuation of term limited liability company beyond expiration of stated duration
- § 3062 - Authority to indemnify
- § 3071 - Member's distributional interest
- § 3072 - Transfer of distributional interest
- § 3073 - Rights of transferee
- § 3074 - Rights of creditor
- § 3075 - Power of estate of deceased or incompetent member
- § 3081 - Events causing member's dissociation
- § 3082 - Member's power to dissociate; wrongful dissociation
- § 3083 - Effect of member's dissociation
- § 3091 - Exercise of purchase right
- § 3092 - Court action to determine fair value of distributional interest
- § 3093 - Dissociated member's power to bind limited liability company
- § 3094 - Statement of dissociation
- § 3101 - Events causing dissolution and winding up of company business
- § 3102 - Limited liability company continues after dissolution
- § 3103 - Right to wind up limited liability company's business
- § 3104 - Member's or manager's power and liability as agent after dissolution
- § 3105 - Articles of termination
- § 3106 - Distribution of assets in winding up limited liability company's business
- § 3107 - Known claims against dissolved limited liability company
- § 3108 - Other claims against dissolved limited liability company
- § 3109 - Enforcement of claims against dissolved limited liability company
- § 3121 - Definitions
- § 3122 - Conversion of partnership or limited partnership to limited liability company
- § 3123 - Effect of conversion; entity unchanged
- § 3124 - Merger of entities
- § 3125 - Articles of merger
- § 3126 - Effect of merger
- § 3127 - Article not exclusive
- § 3131 - Law governing foreign limited liability companies
- § 3132 - Application for certificate of authority
- § 3133 - Activities not constituting transacting business
- § 3134 - Issuance of certificate of authority
- § 3135 - Amended certificate of authority
- § 3136 - Name of foreign limited liability company
- § 3137 - Revocation of certificate of authority
- § 3138 - Cancellation of authority
- § 3139 - Effect of failure to obtain certificate of authority
- § 3140 - Action by attorney general
- § 3141 - Repealed. 1997, No. 50, § 42, eff. June 26, 1997.
- § 3151 - Right of action
- § 3152 - Proper plaintiff
- § 3153 - Pleading
- § 3154 - Expenses
- § 3161 - Annual report for secretary of state
- § 3162 - Involuntary termination
- § 3181 - Election
- § 3182 - Designation of controlling foreign law
- § 3183 - Scope of designated foreign law
- § 3184 - Jurisdiction
- Chapter 22 - PARTNERSHIPS (Contains: §§ 3201 – 3313)
- § 3201 - Definitions
- § 3202 - Knowledge and notice
- § 3203 - Effect of partnership agreement; nonwaivable provisions
- § 3204 - Supplemental principles of law
- § 3205 - Execution, filing, and recording of statements
- § 3206 - Governing law
- § 3207 - Partnership subject to amendment or repeal of chapter
- § 3211 - Partnership as entity
- § 3212 - Formation of partnership
- § 3213 - Partnership property
- § 3214 - When property is partnership property
- § 3221 - Partner agent of partnership
- § 3222 - Transfer of partnership property
- § 3223 - Statement of partnership authority
- § 3224 - Statement of denial
- § 3225 - Partnership liable for partner's actionable conduct
- § 3226 - Partner's liability
- § 3227 - Actions by and against partnership and partners
- § 3228 - Liability of purported partner
- § 3231 - Partner's rights and duties
- § 3232 - Distributions in kind
- § 3233 - Partner's rights and duties with respect to information
- § 3234 - General standards of partner's conduct
- § 3235 - Actions by partnership and partners
- § 3236 - Continuation of partnership beyond definite term or particular undertaking
- § 3241 - Partner not co-owner of partnership property
- § 3242 - Partner's transferable interest in partnership
- § 3243 - Transfer of partner's transferable interest
- § 3244 - Partner's transferable interest subject to charging order
- § 3251 - Events causing partner's dissociation
- § 3252 - Partner's power to dissociate; wrongful dissociation
- § 3253 - Effect of partner's dissociation
- § 3261 - Purchase of dissociated partner's interest
- § 3262 - Dissociated partner's power to bind and liability to partnership
- § 3263 - Dissociated partner's liability to other persons
- § 3264 - Statement of dissociation
- § 3265 - Continued use of partnership name
- § 3271 - Events causing dissolution and winding up of partnership business
- § 3272 - Partnership continues after dissolution
- § 3273 - Right to wind up partnership business
- § 3274 - Partner's power to bind partnership after dissolution
- § 3275 - Statement of dissolution
- § 3276 - Partner's liability to other partners after dissolution
- § 3277 - Settlement of accounts and contributions among partners
- § 3281 - Definitions
- § 3282 - Conversion of partnership to limited partnership
- § 3283 - Conversion of limited partnership to partnership
- § 3284 - Effect of conversion; entity unchanged
- § 3285 - Merger of partnerships
- § 3286 - Effect of merger
- § 3287 - Statement of merger
- § 3288 - Nonexclusive
- § 3291 - Statement of qualification
- § 3292 - Name
- § 3293 - Annual report
- § 3301 - Law governing foreign limited liability partnership
- § 3302 - Statement of foreign qualification
- § 3303 - Effect of failure to qualify
- § 3304 - Activities not constituting transacting business
- § 3305 - Action by attorney general
- § 3310 - Fees
- § 3311 - Uniformity of application and construction
- § 3312 - Applicability
- § 3313 - Savings clause
- Chapter 23 - LIMITED PARTNERSHIPS (Contains: §§ 3401 – 3503)
- § 3401 - Definitions
- § 3402 - Name
- § 3403 - Reservation of name
- § 3404 - Specified office and agent
- § 3405 - Records to be kept
- § 3406 - Nature of business
- § 3407 - Business transactions of partner with partnership
- § 3411 - Certificate of limited partnership
- § 3412 - Amendment to certificate
- § 3413 - Cancellation of certificate
- § 3414 - Execution of certificates
- § 3415 - Execution by judicial act
- § 3416 - Filing in office of secretary of state
- § 3417 - Liability for false statement in certificate
- § 3418 - Scope of notice
- § 3419 - Delivery of certificates to limited partners
- § 3420 - Fees
- § 3421 - Admission of limited partners
- § 3422 - Voting
- § 3423 - Liability to third parties
- § 3424 - Person erroneously believing himself or herself limited partner
- § 3425 - Information
- § 3431 - Admission of additional general partners
- § 3432 - Events of withdrawal
- § 3433 - General powers and liabilities
- § 3434 - Contributions by general partner
- § 3435 - Voting
- § 3441 - Form of contribution
- § 3442 - Liability for contribution
- § 3443 - Sharing of profits and losses
- § 3444 - Sharing of distributions
- § 3451 - Interim distributions
- § 3452 - Withdrawal of general partner
- § 3453 - Withdrawal of limited partner
- § 3454 - Distribution upon withdrawal
- § 3455 - Distribution in kind
- § 3456 - Right to distribution
- § 3457 - Limitations on distribution
- § 3458 - Liability upon return of contribution
- § 3461 - Nature of partnership interest
- § 3462 - Assignment of partnership interest
- § 3463 - Rights of creditor
- § 3464 - Right of assignee to become limited partner
- § 3465 - Power of estate of deceased or incompetent partner
- § 3471 - Nonjudicial dissolution
- § 3472 - Judicial dissolution
- § 3473 - Winding up
- § 3474 - Distribution of assets
- § 3481 - Law governing
- § 3482 - Registration
- § 3483 - Issuance of registration
- § 3484 - Name
- § 3485 - Changes and amendments
- § 3486 - Cancellation of registration
- § 3487 - Transaction of business without registration
- § 3488 - Action by attorney general
- § 3491 - Right of action
- § 3492 - Proper plaintiff
- § 3493 - Pleading
- § 3494 - Expenses
- § 3501 - Construction and application
- § 3502 - Rules for cases not provided for in this chapter
- § 3503 - Savings clause