Vermont Statutes > Title 11A > Chapter 10 > Subchapter 2 – Amendment of Bylaws
Current as of: 2023 | Check for updates
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Other versions
| § 10.20 | Amendment by board of directors or shareholders |
| § 10.21 | Bylaw increasing quorum or voting requirement for shareholders |
| § 10.22 | Bylaw increasing quorum or voting requirement for directors |
Terms Used In Vermont Statutes > Title 11A > Chapter 10 > Subchapter 2 - Amendment of Bylaws
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Articles of incorporation: include amended and restated articles of incorporation, articles of merger, and special charters. See
- 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.
- Quorum: The number of legislators that must be present to do business.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
- State: when applied to the different parts of the United States may apply to the District of Columbia and any territory and the Commonwealth of Puerto Rico. See