§ 107.
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/vt/107-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 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.)