Vermont § 31406 - Meetings of members

Full text of Vermont Vermont Statutes Online § 31406 — Meetings of members, with citation guidance and answers to common questions.

§ 31406. Meetings of members

  • (a) The annual meeting and any special meetings of the members of the credit union shall
    be held in accordance with the bylaws. (b) On all questions and elections brought to the membership for a vote, each member shall
    have one vote, regardless of the member’s shareholdings. No member may vote by proxy,
    but a member may vote by early voter absentee ballot, mail ballot, or other method
    if the bylaws of the credit union so provide. (c) The bylaws may establish a minimum age, not greater than the age of majority as defined
    in 1 V.S.A. § 173, as a qualification of eligibility to vote at meetings of the members. A minor, as
    defined in 1 V.S.A. § 173, may not be a voting member of the governing body, the supervisory committee, or
    any other appointed or elected committee. (d) An organization having membership in the credit union may be represented and have
    its vote cast by an officer of the organization or its designated agent so authorized
    by the organization’s governing body as evidenced by a certified copy of such authorization
    provided to the credit union before the vote is cast. (Added 2005, No. 16, § 1, eff. July 1, 2005.)

Source: official Vermont text · Last verified 2026-08-27

Frequently Asked Questions About Vermont § 31406

What does Vermont Statutes Online § 31406 cover?

Section 31406 ("Meetings of members") 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 § 31406?

A common citation format is "Vermont Statutes Online § 31406" (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 § 31406 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.