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87 chapters · 1,498 sections in this title.
08 V.S.A. ch. 210, § 20101 Reorganization of a mutual or cooperative financial institution as a mutual holding company
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§ 20101. Reorganization of a mutual or cooperative financial institution as a mutual holding company A Vermont mutual or cooperative financial institution may reorganize, under a plan of reorganization adopted by the financial institution and submitted to and approved by the Comm…
08 V.S.A. ch. 210, § 20102 Procedure for adopting a plan of reorganization
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§ 20102. Procedure for adopting a plan of reorganization (a) Plan of reorganization. The plan of reorganization pursuant to which the reorganization is to be carried out, and the proposed amended organizational documents, shall be approved by the governing body of the mutual or c…
08 V.S.A. ch. 210, § 20103 Retention of capital assets at holding company level
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§ 20103. Retention of capital assets at holding company level With the approval of the Commissioner, the plan of reorganization of a mutual or cooperative financial institution may provide for the retention of capital assets at the mutual holding company level, provided such rete…
08 V.S.A. ch. 210, § 20104 Effect of reorganization; ownership and governance
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§ 20104. Effect of reorganization; ownership and governance (a)(1) The organizational existence of the reorganizing mutual or cooperative financial institution shall not terminate, and the mutual holding company resulting from the reorganization shall be deemed to be a continuati…