Vermont § 1013 - Officers The directors shall elect from their number a president and one or more vice presidents
Full text of Vermont Vermont Statutes Online § 1013 — Officers The directors shall elect from their number a president and one or more vice presidents, with citation guidance and answers to common questions.
§ 1013. Officers The directors shall elect from their number a president and one or more vice presidents
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They shall also elect a secretary, who shall be the clerk of the association, and
a treasurer, who need not be directors or members of the association. The directors
may combine the two latter offices and designate the combined office as that of secretary-treasurer,
or unite both functions and titles in one person. The treasurer may be a bank or any
depository, and as such, shall not be considered as an officer, but as a function
of the board of directors, and in such case, the secretary shall perform the usual
accounting duties of the treasurer, except that the funds shall be deposited only
as and where authorized by the board of directors. (Amended 2025, No. 10, § 3, eff. July 1, 2025.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 1013
What does Vermont Statutes Online § 1013 cover?
Section 1013 ("Officers The directors shall elect from their number a president and one or more vice presidents") 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 § 1013?
A common citation format is "Vermont Statutes Online § 1013" (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 § 1013 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.