State Codes and Statutes
Statutes > Vermont > Title-24 > Chapter-76 > 2786
§ 2786. Applicability of state laws
(a) A regional development corporation approved by the commissioner under this chapter shall be subject to subchapter 2 (open meetings), and subchapter 3 (public records) of chapter 5 of Title 1, except that in addition to any limitation provided in subchapter 2 or subchapter 3:
(1) no person shall disclose any information relating to a proposed transaction or agreement between the corporation and another person, in furtherance of the corporation's public purposes under the law, prior to final execution of such transaction or agreement; and
(2) meetings of the corporation's board to consider such proposed transactions or agreements may be held in executive session under section 313 of Title 1.
(b) Nothing in this section shall be construed to limit the exchange of information between regional development corporations and one or more regional planning commissions located in the same region concerning any activity of the corporations and the commissions, provided that such information shall be subject to the provisions of subsection (a) of this section.
(c) The provisions of chapter 11 of Title 2 (lobbyist disclosure) shall apply to regional development corporations. (Added 1977, No. 112, § 1; amended 1979, No. 165 (Adj. Sess.), § 6; 1987, No. 256 (Adj. Sess.), § 6; 1995, No. 46, § 32.)
