Continuance of organization

08 V.S.A. ch. 202, § 12105, under Chapter 202: Organization and Management of Investor-Owned Financial Institutions.

08 V.S.A. ch. 202, § 12105

§ 12105. Continuance of organization

The organizational documents shall provide for continuance of a financial institution despite the death, dissolution, departure, or incapacity of any investor. (Added 1999, No. 153 (Adj. Sess.), § 2, eff. Jan. 1, 2001.)