Vermont § 1586 Property classification of cooperative interest

Vermont Statutes

§ 1586 — Property classification of cooperative interest

Vermont § 1586

Title 11Title 11: Corporations, Partnerships and Associations

Ch. 14Chapter 014: Cooperative Housing Ownership Act

This text of Vermont § 1586 (Property classification of cooperative interest) is published on Counsel Stack Legal Research, covering Vermont primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Vt. Stat. Ann. tit. 11, § 1586 (2026).

Text

(a)A cooperative interest is personal property.

(b)The possessory interest evidenced by a proprietary lease is a part of and may not be severed from a cooperative interest. (Added 1987, No. 254 (Adj. Sess.), § 1, eff. June 16, 1988.)

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