Vermont § 802 - No liability as director for mutual benefit enterprise’s obligations
Full text of Vermont Vermont Statutes Online § 802 — No liability as director for mutual benefit enterprise’s obligations, with citation guidance and answers to common questions.
§ 802. No liability as director for mutual benefit enterprise’s obligations
- A debt, obligation, or other liability of a mutual benefit enterprise is solely that
of the enterprise and is not a debt, obligation, or liability of a director solely
by reason of being a director
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 802
What does Vermont Statutes Online § 802 cover?
Section 802 ("No liability as director for mutual benefit enterprise’s obligations") 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 § 802?
A common citation format is "Vermont Statutes Online § 802" (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 § 802 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.