Terms Used In Vermont Statutes > Title 11B > Chapter 4
articles: include amended and restated articles of incorporation and articles of merger. See
Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Corporation: means public benefit and mutual benefit corporation. See
Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
Domestic: when applied to a corporation, company, association, or copartnership shall mean organized under the laws of this State; "foreign" when so applied, shall mean organized under the laws of another state, government, or country. See
Domestic corporation: means a corporation. See
Entity: includes corporation and foreign corporation; business corporation and foreign business corporation; profit and nonprofit unincorporated association; business trust, estate, partnership, trust, and two or more persons having a joint or common economic interest; and state, United States; and foreign government. See
filing: means filed in the Office of the Secretary of State. See
following: when used by way of reference to a section of the law shall mean the next preceding or following section. See
Foreign corporation: means a corporation organized under a law other than the law of this State which would be a nonprofit corporation if formed under the laws of this State. See
Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
Person: shall include any natural person, corporation, municipality, the State of Vermont or any department, agency, or subdivision of the State, and any partnership, unincorporated association, or other legal entity. See
Person: includes any individual or entity. See
Secretary: means the corporate officer to whom the board of directors has delegated responsibility under subsection 8. See
State: when applied to the different parts of the United States may apply to the District of Columbia and any territory and the Commonwealth of Puerto Rico. See
Trustee: A person or institution holding and administering property in trust.