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Terms Used In Vermont Statutes Title 11 Sec. 1584

  • Cooperative housing corporation: means a domestic corporation which has elected to be governed by the provisions of this chapter. See
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.

§ 1584. Application

Any corporation organized under chapter 17 of this title may elect to be governed as a cooperative housing corporation under the provisions of this chapter. (Added 1987, No. 254 (Adj. Sess.), § 1, eff. June 16, 1988.)