™Your Policy Risk Impact Agent
17 chapters · 157 sections in this title.
11C V.S.A. ch. 004, § 401 Authority to amend organic rules
0.6K chars
§ 401. Authority to amend organic rules (a) A mutual benefit enterprise may amend its organic rules under this article for any lawful purpose. In addition, the initial board of directors may amend the bylaws of an enterprise under section 304 of this title. (b) Unless the organic…
11C V.S.A. ch. 004, § 402 Notice and action on amendment of organic rules
1.6K chars
§ 402. Notice and action on amendment of organic rules (a) Except as provided in subsections 401(a) and 405(f) of this title, the organic rules of a mutual benefit enterprise may be amended only at a members’ meeting. An amendment may be proposed by either: (1) a majority of the …
11C V.S.A. ch. 004, § 403 Method of voting on amendment of organic rules
0.7K chars
§ 403. Method of voting on amendment of organic rules (a) A substantive change to a proposed amendment of the organic rules may not be made at the members’ meeting at which a vote on the amendment occurs. (b) A nonsubstantive change to a proposed amendment of the organic rules ma…
11C V.S.A. ch. 004, § 404 Voting by district, class, or voting group
0.9K chars
§ 404. Voting by district, class, or voting group (a) This section applies if the organic rules provide for voting by district or class or if there is one or more identifiable voting groups that a proposed amendment to the organic rules would affect differently from other members…