17 chapters · 157 sections in this title.
11C V.S.A. ch. 012, § 1201 Dissolution and winding up
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§ 1201. Dissolution and winding up A mutual benefit enterprise is dissolved only as provided in this article and upon dissolution winds up in accordance with this article. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)
11C V.S.A. ch. 012, § 1202 Nonjudicial dissolution
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§ 1202. Nonjudicial dissolution Except as otherwise provided in sections 1203 and 1211 of this title, a mutual benefit enterprise is dissolved and its activities shall be wound up: (1) upon the occurrence of an event or at a time specified in the articles of organization; (2) upo…
11C V.S.A. ch. 012, § 1203 Judicial dissolution
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§ 1203. Judicial dissolution The Superior Court may dissolve a mutual benefit enterprise or order any action that under the circumstances is appropriate and equitable: (1) in a proceeding initiated by the Attorney General, if: (A) the enterprise obtained its articles of organizat…
11C V.S.A. ch. 012, § 1204 Voluntary dissolution before commencement of activity
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§ 1204. Voluntary dissolution before commencement of activity A majority of the organizers or initial directors of a mutual benefit enterprise that has not yet begun business activity or the conduct of its affairs may dissolve the enterprise. (Added 2011, No. 84 (Adj. Sess.), § 1…