Vermont § 1017 - Preferred stock An association organized with stock may issue preferred stock but such stock shall have no voting privileges
Full text of Vermont Vermont Statutes Online § 1017 — Preferred stock An association organized with stock may issue preferred stock but such stock shall have no voting privileges, with citation guidance and answers to common questions.
§ 1017. Preferred stock An association organized with stock may issue preferred stock but such stock shall have no voting privileges
- . Such stock may be issued on such terms and with such preferences
as the board of directors may determine and may be sold to any person, member or nonmember,
and may be redeemable or retirable by the association on such terms and conditions
as may be provided in the certificate of organization and printed on the face of the
stock certificate.
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 1017
What does Vermont Statutes Online § 1017 cover?
Section 1017 ("Preferred stock An association organized with stock may issue preferred stock but such stock shall have no voting privileges") 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 § 1017?
A common citation format is "Vermont Statutes Online § 1017" (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 § 1017 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.