Vermont § 809 Vacancy on board

Vermont Statutes

§ 809 — Vacancy on board

Vermont § 809

Title 11CTitle 11C: Mutual Benefit Enterprises

Ch. 8Article 008: Directors and Officers

This text of Vermont § 809 (Vacancy on board) 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, § 809 (2026).

Text

(a)Unless the organic rules otherwise provide, a vacancy on the board of directors shall be filled:

(1)notwithstanding subdivision 804(a)(2) and subsection 804(b) of this title, within a reasonable time by majority vote of the remaining directors until the next annual members’ meeting or a special meeting of members called to fill the vacancy; and

(2)for the unexpired term by members at the next annual members’ meeting or a special meeting of members called to fill the vacancy.

(b)Unless the organic rules otherwise provide, if a vacating director was elected or appointed by a class of members or a district:

(1)the new director shall be of that class or district; and

(2)the selection of the director for the unexpired term shall be conducted in the same manner as would the selection fo

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Unless the organic rules otherwise provide, a vacancy on the board of directors shall be filled:
(1) notwithstanding subdivision 804(a)(2) and subsection 804(b) of this title, within a reasonable time by majority vote of the remaining directors until the next annual members’ meeting or a special meeting of members called to fill the vacancy; and
(2) for the unexpired term by members at the next annual members’ meeting or a special meeting of members called to fill the vacancy.
(b) Unless the organic rules otherwise provide, if a vacating director was elected or appointed by a class of members or a district:
(1) the new director shall be of that class or district; and
(2) the selection of the director for the unexpired term shall be conducted in the same manner as would the selection for that position without a vacancy.
(c) If a member appointed a vacating director, the organic rules may provide for that member to appoint a director to fill the vacancy. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)