Member’s interest A member’s interest:(1) is personal property;(2) consists of:(A) governance rights;(B) financial rights; and(C) the right or obligation, if any, to do business with the mutual benefit enterprise; and (3) may be in certificated or uncertificated form. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)
Vermont Legal Code