Vermont § 512 Determination of voting power of patron member

Vermont Statutes

§ 512 — Determination of voting power of patron member

Vermont·Title 11C Title 11C: Mutual Benefit Enterprises·Ch. 5 Article 005: Members

(a)The organic rules may allocate voting power among patron members on the basis of one or a combination of the following:

(1)one member, one vote;

(2)use or patronage;

(3)equity; or

(4)if a patron member is a cooperative, the number of its patron members.

(b)The organic rules may provide for the allocation of patron member voting power by districts or class or any combination thereof. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)

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(a) The organic rules may allocate voting power among patron members on the basis of one or a combination of the following:
(1) one member, one vote;
(2) use or patronage;
(3) equity; or
(4) if a patron member is a cooperative, the number of its patron members.
(b) The organic rules may provide for the allocation of patron member voting power by districts or class or any combination thereof. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)

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