§563. Conformity with articles of association

Link to law: http://legislature.vermont.gov/statutes/section/11/001/00563
Published: 2015

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The Vermont Statutes Online



Title

11

:
Corporations, Partnerships and Associations






Chapter

001

:
CORPORATIONS GENERALLY






Subchapter

008
:
PRIVATE FOUNDATIONS










 

§

563. Conformity with articles of association

The provisions

of sections 561 and 562 of this title shall not apply to any corporation to the

extent that a court of competent jurisdiction shall determine that such

application would be contrary to the terms of the articles of organization or

other instrument governing such corporation or governing the administration of

charitable funds held by it and that the same may not properly be changed to

conform to such sections. (1971, No. 112, § 3.)
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