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§ 602 — Vermont Law | CourtGPT
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  5. Chapter 6 - Member's Interest in Mutual Benefit Enterprise§ 601. Member’s Interest/
  6. § 602
Vermont Legal Code

§ 602

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(b) Unless the organic rules otherwise provide, if a mutual benefit enterprise has investor members, while a person is a member of the enterprise, the person: (1) if admitted as a patron member, remains a patron member;(2) if admitted as an investor member, remains an investor member; and(3) if admitted as a patron member and an investor member remains a patron and an investor member if not dissociated in one of the capacities. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)