Vermont Statutes Title 11 Sec. 11-18
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Terms Used In Vermont Statutes Title 11 Sec. 11-18
- 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.
- Organization:
§ 11.18. Chapter not exclusive
(a) This chapter does not preclude an organization from being converted, merged, or domesticated under law other than this title.
(b) This chapter does not limit the power of a corporation to acquire all or part of the shares of one or more classes or series of another corporation through means other than those included in this chapter. (Added 2015, No. 157 (Adj. Sess.), § E.1, eff. July 1, 2017.)