Source: https://law.justia.com/codes/vermont/2011/title11b/chapter8/section25/
Timestamp: 2020-02-20 06:14:13
Document Index: 553096119

Matched Legal Cases: ['§ 8', '§ 25', '§ 25', '§ 25', '§ 8', '§ 8', '§ 1']

11B VT Stats § 8.25. :: § 25 Committees of the board :: 2011 Vermont Code :: US Codes and Statutes :: US Law :: Justia
Justia US Law US Codes and Statutes Vermont Code 2011 Vermont Code Title 11B Nonprofit Corporations Chapter 8 DIRECTORS AND OFFICERS § 25 Committees of the board
§ 25 Committees of the board
11B VT Stats § 8.25. (2011 through Adj Sess) What's This?
§ 8.25. Committees of the board
(a) Unless prohibited or limited by the articles of incorporation or bylaws, a board of directors may create one or more committees and appoint members of the board to serve on them. Each committee shall have two or more members, who serve at the pleasure of the board of directors.
(2) the number of directors required by the articles of incorporation or bylaws to take action under section 8.24 of this title.
(c) Sections 8.20 through 8.24 of this title, which govern meetings, action without meetings, notice and waiver of notice, and quorum and voting requirements of the board of directors, apply to committees and their members as well.
(d) To the extent specified by the board of directors or in the articles of incorporation or bylaws, each committee may exercise the authority of the board of directors under section 8.01 of this title.
(e) A committee of the board may not, however:
(3) elect, appoint or remove directors or fill vacancies on the board or on any of its committees; or
(4) adopt, amend or repeal the articles of incorporation or bylaws.
(f) The creation of, delegation of authority to, or action by a committee does not alone constitute compliance by a director with the standards of conduct described in section 8.30 of this title. (Added 1995, No. 179 (Adj. Sess.), § 1, eff. Jan. 1, 1997.)