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Terms Used In Vermont Statutes Title 22 Sec. 104

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.

§ 104. Public libraries; trustees, managers, or directors

The trustees, managers, or directors of such corporation shall compose its members and shall not be more than 15 nor less than five in number. (Amended 1999, No. 148 (Adj. Sess.), § 79, eff. May 24, 2000.)