Vermont Statutes Title 11 Sec. 511
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Terms Used In Vermont Statutes Title 11 Sec. 511
- Member: means a person that is admitted as a patron member or investor member or both in a mutual benefit enterprise. See
- Organic rules: means the articles of organization and bylaws of a mutual benefit enterprise. See
- Voting power: means the total current power of members to vote on a particular matter for which a vote may or is to be taken. See
§ 511. Voting by patron members
Except as provided by subsection 512(a) of this title, each patron member has one vote. The organic rules may allocate voting power among patron members as provided in subsection 512(a) of this title. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)