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Terms Used In Vermont Statutes Title 8 Sec. 1802

  • 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.

§ 1802. General and specific power

A development credit corporation shall have such general and specific rights and powers, within the limitations of its charter, as are enjoyed by other Vermont corporations, and, in addition, such rights and powers as are granted hereafter. (Added 1969, No. 64, § 1, eff. Jan. 1, 1970.)