Vermont § 103 - Powers generally An organization formed under the provisions of section 102 of this title shall be a body corporate and politic to be known by the name stated in its certificate
Full text of Vermont Vermont Statutes Online § 103 — Powers generally An organization formed under the provisions of section 102 of this title shall be a body corporate and politic to be known by the name stated in its certificate, with citation guidance and answers to common questions.
§ 103. Powers generally An organization formed under the provisions of section 102 of this title shall be a body corporate and politic to be known by the name stated in its certificate
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It shall have and possess the ordinary rights and incidents of a corporation, and
shall be capable of taking, holding, and disposing of real and personal estate for
the purposes of its organization. The provisions of a will, deed, or other instrument
by which an endowment of a library is provided, and accepted by the trustees, managers,
or directors shall, as to the endowment, be a part of the organic and fundamental
law of the corporation. (Amended 2023, No. 85 (Adj. Sess.), § 243, eff. July 1, 2024.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 103
What does Vermont Statutes Online § 103 cover?
Section 103 ("Powers generally An organization formed under the provisions of section 102 of this title shall be a body corporate and politic to be known by the name stated in its certificate") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 103?
A common citation format is "Vermont Statutes Online § 103" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 103 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.