Admission of Members

V.S.A. tit. 11B, ch. 6, subch. 1

in effect

11B V.S.A. § 6.01 Admission

6.01. Admission (a) A corporation may admit any person as a member. The articles or bylaws may establish criteria or procedures for admission. (b) No person shall be admitted as a member without his or her consent. Added 1995, No. 179 (Adj. Sess.), § 1, eff. Jan. 1, 1997.

11B V.S.A. § 6.02 Consideration

6.02. Consideration Except as provided in its articles or bylaws, a corporation may admit members for no consideration or for such consideration as is determined by the board. Added 1995, No. 179 (Adj. Sess.), § 1, eff. Jan. 1, 1997.

11B V.S.A. § 6.03 No requirement of members

6.03. No requirement of members A corporation is not required to have members. Added 1995, No. 179 (Adj. Sess.), § 1, eff. Jan. 1, 1997.

Source: Vermont General Assembly (legislature.vermont.gov)URL: https://legislature.vermont.gov/statutes/chapter/11B/006Fetched: 10/21/2026