Vermont § 1595 Meetings; notice; quorum

Vermont Statutes

§ 1595 — Meetings; notice; quorum

Vermont § 1595

Title 11Title 11: Corporations, Partnerships and Associations

Ch. 14Chapter 014: Cooperative Housing Ownership Act

This text of Vermont § 1595 (Meetings; notice; quorum) 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, § 1595 (2026).

Text

(a)Each cooperative housing corporation shall provide in its bylaws for one or more regular membership meetings annually.

(b)Special membership meetings may be called by the president or the board of directors, and shall be called upon receipt by the board of a petition signed by at least ten percent of the cooperative housing corporation’s members.

(c)Written notice of a meeting, stating the time, date, location, and purpose of the meeting, shall be mailed to each member not less than seven days prior to the meeting, by those authorized to call the meeting. A signed waiver is equivalent to notice to the member signing.

(d)No less than a majority of a cooperative housing corporation’s members shall constitute a quorum, except that the bylaws may provide for a lesser quorum requirement

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(a) Each cooperative housing corporation shall provide in its bylaws for one or more regular membership meetings annually.
(b) Special membership meetings may be called by the president or the board of directors, and shall be called upon receipt by the board of a petition signed by at least ten percent of the cooperative housing corporation’s members.
(c) Written notice of a meeting, stating the time, date, location, and purpose of the meeting, shall be mailed to each member not less than seven days prior to the meeting, by those authorized to call the meeting. A signed waiver is equivalent to notice to the member signing.
(d) No less than a majority of a cooperative housing corporation’s members shall constitute a quorum, except that the bylaws may provide for a lesser quorum requirement for cooperative housing corporations with more than 50 units, but in no event shall the quorum be less than 20 percent. (Added 1987, No. 254 (Adj. Sess.), § 1, eff. June 16, 1988.)