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§8.23. Waiver of notice


Published: 2015

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The Vermont Statutes Online



Title

11A

:
Vermont Business Corporations






Chapter

008

:
DIRECTORS AND OFFICERS






Subchapter

002
:
MEETINGS AND ACTION OF THE BOARD










 

§

8.23. Waiver of notice

(a) A director

may waive any notice required by this title, the articles of incorporation, or

bylaws before or after the date and time stated in the notice. Except as

provided by subsection (b) of this section, the waiver must be in writing,

signed by the director entitled to the notice, and filed with the minutes or

corporate records.

(b) A director's

attendance at or participation in a meeting waives any required notice to the

director of the meeting unless the director at the beginning of the meeting (or

promptly upon the director's arrival) objects to holding the meeting or

transacting business at the meeting and does not thereafter vote for or assent

to action taken at the meeting. (Added 1993, No. 85, § 2, eff. Jan. 1, 1994.)