Vermont Statutes Title 11 Sec. 20-03
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Terms Used In Vermont Statutes Title 11 Sec. 20-03
- Articles of incorporation: include amended and restated articles of incorporation, articles of merger, and special charters. 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.
§ 20.03. Incorporation of a close corporation
A close corporation shall be formed in accordance with sections 2.01, 2.02, 2.03, and 2.05 of this title, except that its articles of incorporation shall also contain the provisions required by section 20.02 of this title. (Added 1993, No. 85, § 2, eff. Jan. 1, 1994.)