Consideration

11B V.S.A. ch. 006, § 6.02, under Members and Membership.

11B V.S.A. ch. 006, § 6.02

§ 6.02. Consideration

Except as provided in its articles or bylaws, a corporation may admit members for no consideration or for such consideration as is determined by the board. (Added 1995, No. 179 (Adj. Sess.), § 1, eff. Jan. 1, 1997.)