Vermont § 1087 - Voting shares; bylaws; amendment of articles of organization
Full text of Vermont Vermont Statutes Online § 1087 — Voting shares; bylaws; amendment of articles of organization, with citation guidance and answers to common questions.
§ 1087. Voting shares; bylaws; amendment of articles of organization
- (a) No capital stock other than membership shares shall be given voting power in a worker
cooperative except as otherwise provided in this chapter or in the articles of incorporation. (b) Notwithstanding 11A V.S.A. § 10.20, the power to adopt, amend, or repeal bylaws of a worker cooperative shall be in
the members only. (c) 11A V.S.A. chapter 10, subchapter 1 relating to amendments to the articles of incorporation shall be construed
to limit voting on any amendment of the articles of incorporation of a worker cooperative
to the members, except that amendments affecting the rights of a class of stockholders
may not be adopted without the vote of such stockholders in accordance with 11A V.S.A. § 10.04. (Added 1985, No. 46, § 1; amended 2023, No. 85 (Adj. Sess.), § 20, eff. July 1, 2024.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 1087
What does Vermont Statutes Online § 1087 cover?
Section 1087 ("Voting shares; bylaws; amendment of articles of organization") 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 § 1087?
A common citation format is "Vermont Statutes Online § 1087" (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 § 1087 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.