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Code · Vermont · Title 11 — Corporations, Partnerships and Associations · Chapter 14

§ 1586.

48 words·~1 min read·/vt/title-11/chapter-14/1586

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§ 1586. Property classification of cooperative interest
(a)A cooperative interest is personal property.
(b)The possessory interest evidenced by a proprietary lease is a part of and may not be severed from a cooperative interest. (Added 1987, No. 254 (Adj. Sess.), § 1, eff. June 16, 1988.)
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