Home/Vermont/Statutes/Title 11C: Title 11C: Mutual Benefit Enterprises/Ch. 5: Article 005: Members/§ 503
Vermont Statutes

§ 503 — No power as member to bind enterprise

Vermont § 503
JurisdictionVermont
Title 11CTitle 11C: Mutual Benefit Enterprises
Ch. 5Article 005: Members

This text of Vermont § 503 (No power as member to bind enterprise) 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. 11C, § 503 (2026).

Text

A member solely by reason of being a member may not act for or bind the mutual benefit enterprise. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)

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Nearby Sections

12
§ 500
Intent
§ 501
Members
§ 501-507
Repealed. 2015, No. 16, § 3, effective June 1, 2015.
§ 502
Becoming a member
§ 503
No power as member to bind enterprise
§ 504
No liability as member for enterprise’s obligations
§ 505
Right of member and former member to information
§ 506
Annual meeting of members
§ 507
Special meeting of members
§ 508
Notice of members’ meeting
§ 508-510
Repealed. 2011, No. 126 (Adj. Sess.), § 2.
§ 509
Waiver of member’s meeting notice
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Bluebook (online)
Vermont § 503, Counsel Stack Legal Research, https://law.counselstack.com/statute/vt/5/503.