Terms Used In Vermont Statutes Title 11 Sec. 1215

  • Articles of organization: means the articles of organization of a mutual benefit enterprise required by section 302 of this title. See
  • Mutual benefit enterprise: means an enterprise organized under this title. See
  • State: means a state of the United States, District of Columbia, Puerto Rico, the U. See

§ 1215. Statement of termination

(a) A dissolved mutual benefit enterprise that has completed winding up may deliver to the Secretary of State for filing a statement of termination that states:

(1) the name of the enterprise;

(2) the date of filing of its initial articles of organization; and

(3) that the enterprise is terminated.

(b) The filing of a statement of termination does not itself terminate the mutual benefit enterprise. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)