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17 chapters · 216 sections in this title.
11A V.S.A. ch. 012, § 12.01 Sale of assets in regular course of business and mortgage of assets
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§ 12.01. Sale of assets in regular course of business and mortgage of assets (a) A corporation may, on the terms and conditions and for the consideration determined by the board of directors: (1) sell, lease, exchange, or otherwise dispose of all, or substantially all, of its pro…
11A V.S.A. ch. 012, § 12.02 Sale of assets other than in regular course of business
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§ 12.02. Sale of assets other than in regular course of business (a) A sale, lease, exchange, or other disposition of assets, other than a disposition described in section 12.01 of this title, requires approval of the corporation’s shareholders if the disposition would leave the …