§ 116.
78 words·~1 min read·
/vt/116-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 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.)