Terms Used In Vermont Statutes Title 24 Sec. 3316

  • 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.

§ 3316. Meetings; vote

Any action taken by a municipal corporation under the provisions of this chapter or relating to the matters set forth in this chapter shall be by vote of the majority of the legal voters of the municipal corporation at a meeting duly warned and held, unless otherwise provided. (Amended 2019, No. 131 (Adj. Sess.), § 260.)