Terms Used In Vermont Statutes Title 24 Sec. 1305

  • 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.
  • Village: shall mean an incorporated village. See

§ 1305. Meetings; warnings

After the first election, a meeting of such corporation shall be held in each year at the time and place designated in its bylaws, to elect officers and for the transaction of business specified in the warning of such meeting. Special meetings may be called by the trustees. Warnings shall be signed by the clerk, shall specify the business to be transacted as the trustees direct, shall be published in a newspaper of general circulation in the village, and shall be posted in two public places in such village, not more than 40 days nor less than 30 days before such meeting. Such warning shall be recorded in the office of the clerk before it is posted. (Amended 1985, No. 196 (Adj. Sess.), § 20.)