The Vermont Statutes Online

Title 11A: Vermont Business Corporations

Chapter 20: CLOSE CORPORATIONS


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.


§ 20.01   Law applicable
§ 20.02   Close corporation defined
§ 20.03   Incorporation of a close corporation
§ 20.04   Election of existing corporation to become a close corporation
§ 20.05   Additional articles of incorporation
§ 20.06   Bylaws
§ 20.07   Annual meeting
§ 20.08   Elimination of board of directors
§ 20.09   Shareholder agreements
§ 20.10   Merger or consolidation
§ 20.11   Limitations on continuation of close corporation status
§ 20.12   Voluntary termination of close corporation status by amendment of articles of incorporation; vote required
§ 20.13   Shareholders' option to dissolve corporation
§ 20.14   Involuntary termination of close corporation status; proceeding to prevent loss of status
§ 20.15   Judicial dissolution
§ 20.16   Special voting requirements

  • Full text of Chapter 20.