§1009. Appointment of directors by public officials

Link to law: http://legislature.vermont.gov/statutes/section/11/007/01009
Published: 2015

Print

The Vermont Statutes Online



Title

11

:
Corporations, Partnerships and Associations






Chapter

007

:
COOPERATIVES






Subchapter

002
:
THE COOPERATIVE MARKETING ACT










 

§

1009. Appointment of directors by public officials

The bylaws may

provide that one or more directors may be appointed by any public official or

commission or by the other directors selected by the members or their

delegates. Such directors shall represent primarily the interest of the general

public in such associations and need not be members or stockholders of the

association, but shall have the same powers and rights as other directors. Such

directors shall not number more than one-fifth of the entire board.
Read Entire Law on legislature.vermont.gov