Vermont Statutes Title 11 Sec. 510
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Terms Used In Vermont Statutes Title 11 Sec. 510
- Member: means a person that is admitted as a patron member or investor member or both in a mutual benefit enterprise. See
- Organic rules: means the articles of organization and bylaws of a mutual benefit enterprise. See
- Quorum: The number of legislators that must be present to do business.
- Voting power: means the total current power of members to vote on a particular matter for which a vote may or is to be taken. See
§ 510. Quorum of members
Unless the organic rules otherwise require a greater number of members or percentage of the voting power, the voting member or members present at a members’ meeting constitute a quorum. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)