reglab/housing_qa huggingface dataset:
11 V.S.A. § 107
2021 Vermont Statutes|Title 11C - Mutual Benefit Enterprises|Chapter 1 - General Provisions|§ 107. Governing law

§ 107. Governing law|The law of this State governs:  (1) the internal affairs of a mutual benefit enterprise; and (2) the liability of a member as member and a director as director for the debts, obligations, or other liabilities of a mutual benefit enterprise. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)
11 V.S.A. § 108
2021 Vermont Statutes|Title 11C - Mutual Benefit Enterprises|Chapter 1 - General Provisions|§ 108. Supplemental principles of law

§ 108. Supplemental principles of law|Unless displaced by particular provisions, the principles of law and equity supplement this title. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)
11 V.S.A. § 109
2021 Vermont Statutes|Title 11C - Mutual Benefit Enterprises|Chapter 1 - General Provisions|§ 109. Requirements of other laws

§ 109. Requirements of other laws|(a) This title does not alter or amend any law that governs the licensing and regulation of an individual or entity in carrying on a specific business or profession even if that law permits the business or profession to be conducted by a mutual benefit enterprise, a foreign enterprise, or a member of either.(b) A mutual benefit enterprise may not conduct an activity that, under law of this State other than this title, may be conducted only by an entity that meets specific requirements for the internal affairs of that entity unless the organic rules of the enterprise conform to those requirements.(c) If an activity of a mutual benefit enterprise is within the scope of the Uniform Common Interest Ownership Act, the requirements of the Uniform Common Interest Ownership Act apply, even if there is a conflicting provision in this title. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)
11 V.S.A. § 110
2021 Vermont Statutes|Title 11C - Mutual Benefit Enterprises|Chapter 1 - General Provisions|§ 110. Relation to restraint of trade and antitrust laws

§ 110. Relation to restraint of trade and antitrust laws|To the extent that a mutual benefit enterprise or activities conducted by the enterprise in this State meet the material requirements for other cooperatives entitled to an exemption from or immunity under any provision of the restraint of trade or antitrust laws of this State, the enterprise and its activities are entitled to the exemption or immunity. This section does not create any new exemption or immunity for an enterprise or affect any exemption or immunity provided to a cooperative organized under any other law. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)
11 V.S.A. § 111
2021 Vermont Statutes|Title 11C - Mutual Benefit Enterprises|Chapter 1 - General Provisions|§ 111. Name

§ 111. Name|(a) The name of a mutual benefit enterprise shall contain the words "mutual benefit enterprise" or the abbreviation "M.B.E." or "MBE." "Mutual" may be abbreviated as "Mut." "Benefit" may be abbreviated as "Ben." "Enterprise" may be abbreviated as "Ent."(b) Unless otherwise provided in this title, a mutual benefit enterprise may apply to the Secretary of State for authorization to use a name under the procedures and subject to the rules for associations of individuals set forth in 11 V.S.A. chapter 15. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)
11 V.S.A. § 112
2021 Vermont Statutes|Title 11C - Mutual Benefit Enterprises|Chapter 1 - General Provisions|§ 112. Reservation of name

§ 112. Reservation of name|(a) A person may reserve the exclusive use of the name of a mutual benefit enterprise, including a fictitious name for a foreign enterprise whose name is not available under section 111 of this title, by delivering an application to the Secretary of State for filing. The application shall set forth the name and address of the applicant and the name proposed to be reserved. If the Secretary of State finds that the name applied for is available under section 111 of this title, the Secretary of State shall reserve the name for the applicant's exclusive use for a nonrenewable period of 120 days.(b) A person who has reserved a name for a mutual benefit enterprise may transfer the reservation to another person by delivering to the Secretary of State a signed notice of the transfer which states the name, street address, and, if different, the mailing address of the transferee. If the person is an organizer of the enterprise and the name of the enterprise is the same as the reserved name, the delivery of articles of organization for filing by the Secretary of State is a transfer by the person to the enterprise. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)
11 V.S.A. § 114
2021 Vermont Statutes|Title 11C - Mutual Benefit Enterprises|Chapter 1 - General Provisions|§ 114. Required information

§ 114. Required information|(a) Subject to subsection (b) of this section, a mutual benefit enterprise shall maintain in a record available at its principal office:  (1) a list containing the name, last known street address and, if different, mailing address, and term of office of each director and officer; (2) the initial articles of organization and all amendments to and restatements of the articles, together with a signed copy of any power of attorney under which any article, amendment, or restatement has been signed; (3) the initial bylaws and all amendments to and restatements of the bylaws; (4) all filed articles of merger and statements of conversion; (5) all financial statements of the enterprise for the six most recent years; (6) the six most recent annual reports delivered by the enterprise to the Secretary of State; (7) the minutes of members' meetings for the six most recent years; (8) evidence of all actions taken by members without a meeting for the six most recent years; (9) a list containing:  (A) the name, in alphabetical order, and last known street address and, if different, mailing address of each patron member and each investor member; and (B) if the enterprise has districts or classes of members, information from which each current member in a district or class may be identified;  (10) the federal income tax returns, any State and local income tax returns, and any tax reports of the enterprise for the six most recent years; (11) accounting records maintained by the enterprise in the ordinary course of its operations for the six most recent years; (12) the minutes of directors' meetings for the six most recent years; (13) evidence of all actions taken by directors without a meeting for the six most recent years; (14) the amount of money contributed and agreed to be contributed by each member; (15) a description and statement of the agreed value of contributions other than money made and agreed to be made by each member; (16) the times at which or events on the happening of which any additional contribution is to be made by each member; (17) for each member, a description and statement of the member's interest or information from which the description and statement can be derived; and (18) all communications concerning the enterprise made in a record to all members or to all members in a district or class for the six most recent years.   (b) If a mutual benefit enterprise has existed for less than the period for which records shall be maintained under subsection (a) of this section, the period for which records shall be kept is the period of the enterprise's existence.(c) The organic rules may require that more information be maintained. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)
11 V.S.A. § 115
2021 Vermont Statutes|Title 11C - Mutual Benefit Enterprises|Chapter 1 - General Provisions|§ 115. Business transactions of member with mutual benefit enterprise

§ 115. Business transactions of member with mutual benefit enterprise|Subject to sections 818 and 819-819c of this title, and except as otherwise provided in the organic rules or a specific contract relating to a transaction, a member may lend money to and transact other business with a mutual benefit enterprise in the same manner as a person who is not a member. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)
11 V.S.A. § 116
2021 Vermont Statutes|Title 11C - Mutual Benefit Enterprises|Chapter 1 - General Provisions|§ 116. Dual capacity

§ 116. Dual capacity|A person may have a patron member's interest and an investor member's interest in a mutual benefit enterprise. When such person acts as a patron member, the person is subject to this title and the organic rules governing patron members. When such person acts as an investor member, the person is subject to this title and the organic rules governing investor members. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)
11 V.S.A. § 117
2021 Vermont Statutes|Title 11C - Mutual Benefit Enterprises|Chapter 1 - General Provisions|§ 117. Designated office and agent for service of process

§ 117. Designated office and agent for service of process|(a) A mutual benefit enterprise or a foreign enterprise that has a certificate of authority under section 1404 of this title shall designate and continuously maintain in this State:  (1) an office, as its designated office, which need not be a place of the enterprise's or foreign enterprise's activity in this State; and (2) an agent for service of process at the designated office.   (b) An agent for service of process of a mutual benefit enterprise or foreign enterprise shall be an individual who is a resident of this State or an entity that is authorized to do business in this State. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)
11 V.S.A. § 118
2021 Vermont Statutes|Title 11C - Mutual Benefit Enterprises|Chapter 1 - General Provisions|§ 118. Change of designated office or agent for service of process

§ 118. Change of designated office or agent for service of process|(a) Except as otherwise provided in subsection 207(e) of this title, to change its designated office, its agent for service of process, or the street address or, if different, mailing address of its principal office, a mutual benefit enterprise shall deliver to the Secretary of State for filing a statement of change containing:  (1) the name of the mutual benefit enterprise; (2) the street address and, if different, mailing address of its designated office; (3) if the designated office is to be changed, the street address and, if different, mailing address of the new designated office; (4) the name of its agent for service of process; and (5) if the agent for service of process is to be changed, the name of the new agent.   (b) Except as otherwise provided in subsection 207(e) of this title, to change its agent for service of process, the address of its designated office, or the street address or, if different, mailing address of its principal office, a foreign enterprise shall deliver to the Secretary of State for filing a statement of change containing:  (1) the name of the foreign enterprise; (2) the name, street address, and, if different, mailing address of its designated office; (3) if the current agent for service of process or an address of the designated office is to be changed, the new information; (4) the street address and, if different, the mailing address of its principal office; and (5) if the street address or, if different, the mailing address of its principal office is to be changed, the street address and, if different, the mailing address of the new principal office.   (c) Except as otherwise provided in section 204 of this title, a statement of change is effective when filed by the Secretary of State. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)
11 V.S.A. § 119
2021 Vermont Statutes|Title 11C - Mutual Benefit Enterprises|Chapter 1 - General Provisions|§ 119. Resignation of agent for service of process

§ 119. Resignation of agent for service of process|(a) To resign as an agent for service of process of a mutual benefit enterprise or foreign enterprise, the agent shall deliver to the Secretary of State for filing a statement of resignation containing the name of the agent and the name of the enterprise or foreign enterprise.(b) After receiving a statement of resignation under subsection (a) of this section, the Secretary of State shall file it and mail or otherwise provide or deliver a copy to the mutual benefit enterprise or foreign enterprise at its principal office.(c) An agency for service of process of a mutual benefit enterprise or foreign enterprise terminates on the earlier of:  (1) the 31st day after the Secretary of State files a statement of resignation under subsection (b) of this section; or (2) when a record designating a new agent for service of process is delivered to the Secretary of State for filing on behalf of the enterprise or foreign enterprise and becomes effective. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)
11 V.S.A. § 120
2021 Vermont Statutes|Title 11C - Mutual Benefit Enterprises|Chapter 1 - General Provisions|§ 120. Service of process

§ 120. Service of process|(a) An agent for service of process appointed by a mutual benefit enterprise or foreign enterprise is an agent of the enterprise or foreign enterprise for service of process, notice, or a demand required or permitted by law to be served upon the enterprise or foreign enterprise.(b) If a mutual benefit enterprise or foreign enterprise does not appoint or maintain an agent for service of process in this State or the agent for service of process cannot with reasonable diligence be found at the address of the designated office on file with the Secretary of State, the Secretary of State is an agent of the enterprise or foreign enterprise upon which process, notice, or a demand may be served.(c) Service of process, notice, or a demand on the Secretary of State as agent of a mutual benefit enterprise or foreign enterprise may be made by delivering to the Secretary of State two copies of the process, notice, or demand. The Secretary of State shall forward one copy by registered or certified mail, return receipt requested, to the enterprise or foreign enterprise at its principal office.(d) Service is effected under subsection (c) of this section on the earliest of:  (1) the date the mutual benefit enterprise or foreign enterprise receives the process, notice, or demand; (2) the date shown on the return receipt, if signed on behalf of the enterprise or foreign enterprise; or (3) five days after the process, notice, or demand is deposited by the Secretary of State for delivery by the U.S. Postal Service, if postage is prepaid to the address of the principal office on file with the Secretary of State.   (e) The Secretary of State shall keep a record of each process, notice, and demand served pursuant to this section and record the time of and the action taken regarding the service.(f) This section does not affect the right to serve process, notice, or a demand in any other manner provided by law. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)
11 V.S.A. § 201
2021 Vermont Statutes|Title 11C - Mutual Benefit Enterprises|Chapter 2 - Filing and Annual Reports|§ 201. Signing of records delivered for filing to Secretary of State

§ 201. Signing of records delivered for filing to Secretary of State|(a) A record delivered to the Secretary of State for filing pursuant to this title shall be signed as follows:  (1) The initial articles of organization shall be signed by at least one organizer. (2) A statement of cancellation under subsection 302(d) of this title shall be signed by at least one organizer. (3) Except as otherwise provided in subdivision (4) of this subsection, a record signed on behalf of an existing mutual benefit enterprise shall be signed by an officer. (4) A record filed on behalf of a dissolved enterprise shall be signed by a person winding up activities under section 1206 of this title or a person appointed under section 1206 to wind up those activities. (5) Any other record shall be signed by the person on whose behalf the record is delivered to the Secretary of State.   (b) Any record to be signed under this title may be signed by an authorized agent. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)
11 V.S.A. § 202
2021 Vermont Statutes|Title 11C - Mutual Benefit Enterprises|Chapter 2 - Filing and Annual Reports|§ 202. Signing and filing of records pursuant to judicial order

§ 202. Signing and filing of records pursuant to judicial order|(a) If a person required by this title to sign or deliver a record to the Secretary of State for filing does not do so, the Superior Court of the county of the mutual benefit enterprise's principal office or the foreign enterprise's registered office, upon petition of an aggrieved person, may order:  (1) the person to sign the record and deliver it to the Secretary of State for filing; or (2) delivery of the unsigned record to the Secretary of State for filing.   (b) An aggrieved person under subsection (a) of this section, other than the mutual benefit enterprise or foreign enterprise to which the record pertains, shall make the enterprise or foreign enterprise a party to the action brought to obtain the order.(c) An unsigned record filed pursuant to this section is effective. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)
11 V.S.A. § 203
2021 Vermont Statutes|Title 11C - Mutual Benefit Enterprises|Chapter 2 - Filing and Annual Reports|§ 203. Delivery to and filing of records by Secretary of State; effective time and date

§ 203. Delivery to and filing of records by Secretary of State; effective time and date|(a) A record authorized or required by this title to be delivered to the Secretary of State for filing shall be captioned to describe the record's purpose, be in a medium and format permitted by the Secretary of State, and be delivered to the Secretary of State. If the filing fees have been paid and unless the Secretary of State determines that the record does not comply with the filing requirements, the Secretary of State shall file the record and send a copy of the filed record to the person on whose behalf the record was filed.(b) The Secretary of State, upon request and payment of the required fee, shall furnish a certified copy of any record filed by the Secretary of State under this title to the person making the request.(c) Except as otherwise provided in sections 118 and 204 of this title, a record delivered to the Secretary of State for filing under this title may specify an effective time and a delayed effective date that may include an effective time on that date. Except as otherwise provided in sections 118 and 204 of this title, a record filed by the Secretary of State under this title is effective:  (1) if the record does not specify an effective time and does not specify a delayed effective date, on the date and at the time the record is filed as evidenced by the Secretary of State's endorsement of the date and time on the record; (2) if the record specifies an effective time but not a delayed effective date, on the date the record is filed at the time specified in the record; (3) if the record specifies a delayed effective date but not an effective time, at 12:01 a.m. on the earlier of:  (A) the specified date; or (B) the 90th day after the record is filed; or  (4) if the record specifies an effective time and a delayed effective date, at the specified time on the earlier of:  (A) the specified date; or (B) the 90th day after the record is filed. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)
11 V.S.A. § 204
2021 Vermont Statutes|Title 11C - Mutual Benefit Enterprises|Chapter 2 - Filing and Annual Reports|§ 204. Correcting filed record

§ 204. Correcting filed record|(a) A mutual benefit enterprise or foreign enterprise may deliver to the Secretary of State for filing a statement of correction to correct a record previously delivered by the enterprise or foreign enterprise to the Secretary of State and filed by the Secretary of State if, at the time of filing, the record contained inaccurate information or was defectively signed.(b) A statement of correction may not state a delayed effective date and shall:  (1) describe the record to be corrected, including its filing date, or have attached a copy of the record as filed; (2) specify the inaccurate information and the reason it is inaccurate or the manner in which the signing was defective; and (3) correct the inaccurate information or defective signature.   (c) When filed by the Secretary of State, a statement of correction is effective:  (1) when filed as to persons relying on the inaccurate information or defective signature before its correction and adversely affected by the correction; and (2) as to all other persons, retroactively as of the effective date and time of the record the statement corrects. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)
11 V.S.A. § 205
2021 Vermont Statutes|Title 11C - Mutual Benefit Enterprises|Chapter 2 - Filing and Annual Reports|§ 205. Liability for inaccurate information in filed record

§ 205. Liability for inaccurate information in filed record|If a record delivered to the Secretary of State for filing under this title and filed by the Secretary of State contains inaccurate information, a person that suffers a loss by reliance on the information may recover damages for the loss from a person that signed the record or caused another to sign it on the person's behalf and knew at the time the record was signed that the information was inaccurate. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)
11 V.S.A. § 206
2021 Vermont Statutes|Title 11C - Mutual Benefit Enterprises|Chapter 2 - Filing and Annual Reports|§ 206. Certificate of good standing or authorization

§ 206. Certificate of good standing or authorization|(a) The Secretary of State, upon request and payment of the required fee, shall furnish any person that requests it a certificate of good standing for a mutual benefit enterprise if the records filed in the Office of the Secretary of State show that the Secretary of State has filed the enterprise's articles of organization, that the enterprise is in good standing, and that the Secretary of State has not filed a statement of termination.(b) The Secretary of State, upon request and payment of the required fee, shall furnish to any person that requests it a certificate of authority for a foreign enterprise if the records filed in the Office of the Secretary of State show that the Secretary of State has filed the foreign enterprise's certificate of authority, has not revoked nor has reason to revoke the certificate of authority, and has not filed a notice of cancellation.(c) Subject to any exceptions stated in the certificate, a certificate of good standing or authority issued by the Secretary of State establishes conclusively that the mutual benefit enterprise or foreign enterprise is in good standing or is authorized to transact business in this State. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)