Vermont § 13402 - Meetings of the governing body
Full text of Vermont Vermont Statutes Online § 13402 — Meetings of the governing body, with citation guidance and answers to common questions.
§ 13402. Meetings of the governing body
- (a) The governing body shall hold at least six meetings each year at a time fixed in the
internal governance documents, which shall be held at least once each quarter. In
any month in which the governing body does not meet, the executive committee permitted
under subsection 13403(c) of this title shall meet and a record of the meeting of the executive committee shall be ratified
at the next meeting of the governing body. (b) A quorum at any meeting shall consist of not less than a majority of the governing
body, but less than a quorum shall have power to adjourn from time to time until the
next duly called meeting. (c) At least once each month and at each regular meeting, the treasurer shall prepare
a financial statement showing the condition of the financial institution, which shall
be recorded in a book kept for that purpose and at all times shall be open to the
inspection of the governing body and the Commissioner. A record shall be made at each
meeting of the transactions of the governing body and the names of the directors present. (d) Full and complete records of all meetings of the governing body shall be kept and
maintained. (Added 1999, No. 153 (Adj. Sess.), § 2, eff. Jan. 1, 2001.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 13402
What does Vermont Statutes Online § 13402 cover?
Section 13402 ("Meetings of the governing body") 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 § 13402?
A common citation format is "Vermont Statutes Online § 13402" (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 § 13402 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.