State of Vermont Home Page

Legislative Home Page
Legislative Directory
Vermont Statutes Online
Legislative Rules
Legislative Reports
The State House
Speaker of the House
Lieutenant Governor
Joint Fiscal Office
Frequently Asked Questions
Frequently Asked Questions
 
The Vermont Statutes Online

Title 11: Corporations, Partnerships and Associations

Chapter 21: LIMITED LIABILITY COMPANIES


NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated, provided as a convenience. It has NOT been edited for publication, and is not in any way official or authoritative. The "official" version of the Vermont Statutes Annotated is online at Michie's Legal Resources, a division of LexisNexis Publishing. The Michie site includes the Vermont Statutes, the Vermont Court Rules, and a sophisticated search capability.


§ 3001   Definitions
§ 3002   Knowledge and notice
§ 3003   Effect of operating agreement; nonwaivable provisions
§ 3004   Supplemental principles of law
§ 3005   Name
§ 3006   Reserved name
§ 3007   Registered name
§ 3008   Designated office and agent
§ 3009   Change of designated office or agent for service of process
§ 3010   Resignation of agent for service of process
§ 3011   Service of process
§ 3012   Nature of business and powers
§ 3013   Fees
§ 3021   Limited liability company as legal entity
§ 3022   Organization
§ 3023   Articles of organization
§ 3024   Amendment or restatement of articles of organization
§ 3025   Signing of documents
§ 3026   Filing in office of secretary of state
§ 3027   Correcting filed document
§ 3028   Certificate of existence or authorization
§ 3029   Liability for false statement in filed document
§ 3030   Filing by judicial act
§ 3031   Limited liability company property
§ 3032   When property is limited liability company property
§ 3041   Agency of members and managers
§ 3042   Limited liability company liable for member's or manager's actionable conduct
§ 3043   Liability of members and managers
§ 3051   Form of contribution
§ 3052   Member's liability for contributions
§ 3053   Member's and manager's rights to payments and reimbursement
§ 3054   Management of limited liability company
§ 3055   Sharing of profits and losses and right to distributions
§ 3056   Limitations on distributions
§ 3057   Liability for unlawful distributions
§ 3058   Member's right to information
§ 3059   General standards of member's and manager's conduct
§ 3060   Actions by members
§ 3061   Continuation of term limited liability company beyond expiration of stated duration
§ 3062   Authority to indemnify
§ 3071   Member's distributional interest
§ 3072   Transfer of distributional interest
§ 3073   Rights of transferee
§ 3074   Rights of creditor
§ 3075   Power of estate of deceased or incompetent member
§ 3081   Events causing member's dissociation
§ 3082   Member's power to dissociate; wrongful dissociation
§ 3083   Effect of member's dissociation
§ 3091   Exercise of purchase right
§ 3092   Court action to determine fair value of distributional interest
§ 3093   Dissociated member's power to bind limited liability company
§ 3094   Statement of dissociation
§ 3101   Events causing dissolution and winding up of company business
§ 3102   Limited liability company continues after dissolution
§ 3103   Right to wind up limited liability company's business
§ 3104   Member's or manager's power and liability as agent after dissolution
§ 3105   Articles of termination
§ 3106   Distribution of assets in winding up limited liability company's business
§ 3107   Known claims against dissolved limited liability company
§ 3108   Other claims against dissolved limited liability company
§ 3109   Enforcement of claims against dissolved limited liability company
§ 3121   Definitions
§ 3122   Conversion of partnership or limited partnership to limited liability company
§ 3123   Effect of conversion; entity unchanged
§ 3124   Merger of entities
§ 3125   Articles of merger
§ 3126   Effect of merger
§ 3127   Article not exclusive
§ 3131   Law governing foreign limited liability companies
§ 3132   Application for certificate of authority
§ 3133   Activities not constituting transacting business
§ 3134   Issuance of certificate of authority
§ 3135   Amended certificate of authority
§ 3136   Name of foreign limited liability company
§ 3137   Revocation of certificate of authority
§ 3138   Cancellation of authority
§ 3139   Effect of failure to obtain certificate of authority
§ 3140   Action by attorney general
§ 3141   Repealed. 1997, No. 50, § 42, eff. June 26, 1997.
§ 3151   Right of action
§ 3152   Proper plaintiff
§ 3153   Pleading
§ 3154   Expenses
§ 3161   Annual report for secretary of state
§ 3162   Involuntary termination
§ 3181   Election
§ 3182   Designation of controlling foreign law
§ 3183   Scope of designated foreign law
§ 3184   Jurisdiction

  • Full text of Chapter 21.