Terms Used In Vermont Statutes Title 24 Sec. 1306

  • 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.
  • sworn: shall include affirmed. See

§ 1306. Oaths and bonds of officers

The clerk, treasurer, and collector of such corporation shall be sworn. The treasurer and collector shall have crime insurance coverage or give a bond to the corporation in such sum and with such sureties as are prescribed and approved by the trustees, conditioned for the faithful performance of their duties. (Amended 2021, No. 179 (Adj. Sess.), § 24, eff. July 1, 2022.)

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