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Vermont Statutes Annotated

8

11 V.S.A. ch. 8

Worker Cooperative Corporations

1081Short title 1082Definitions 1083Corporations organized under Title 11A; election to be governed as worker cooperative 1084Revocation of election 1085Corporate name 1086Members’ membership shares; fees; rights and responsibilities 1087Voting shares; bylaws; amendment of articles of organization 1088Net earnings or losses; apportionment, distribution, and payment 1089Directors; officers 1090Internal capital accounts; recall or redemption of shares; interest; collective reserve account 1091Internal capital account cooperatives 1092Conversion of membership shares and internal capital accounts upon revocation of election; consolidation or merger