Vermont § 504 No liability as member for enterprise’s obligations

Vermont Statutes

§ 504 — No liability as member for enterprise’s obligations

Vermont § 504

Title 11CTitle 11C: Mutual Benefit Enterprises

Ch. 5Article 005: Members

This text of Vermont § 504 (No liability as member for enterprise’s obligations) 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, § 504 (2026).

Text

Unless the articles of organization otherwise provide, a debt, obligation, or other liability of a mutual benefit enterprise is solely that of the enterprise and is not the debt, obligation, or liability of a member solely by reason of being a member. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)

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