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16 chapters · 166 sections in this title.
11B V.S.A. ch. 011, § 11.01 Approval of plan of merger
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§ 11.01. Approval of plan of merger (a) Subject to the limitations set forth in section 11.02 of this title, one or more nonprofit corporations may merge into an existing business or nonprofit corporation, which may be one of the merging corporations as long as the plan of merger…
11B V.S.A. ch. 011, § 11.02 Limitations on mergers by public benefit corporations
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§ 11.02. Limitations on mergers by public benefit corporations (a) Without the prior approval of the Superior Court of Washington County in a proceeding of which the Attorney General has been given written notice, a public benefit corporation may merge only with: (1) another publ…
11B V.S.A. ch. 011, § 11.03 Action on plan by board, members and third persons
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§ 11.03. Action on plan by board, members and third persons (a) Unless this title, the articles, bylaws, or the board of directors or members (acting pursuant to subsection (c) of this section) require a greater vote or voting by class, a plan of merger to be adopted must be appr…
11B V.S.A. ch. 011, § 11.04 Articles of merger
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§ 11.04. Articles of merger After a plan of merger is approved by the board of directors, and if required by section 11.03 of this title, by the members and any other persons, the surviving or acquiring corporation shall deliver to the Secretary of State articles of merger settin…