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

§ 1606.

65 words·~1 min read·/vt/title-11/chapter-14/1606

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§ 1606. Conversion; cooperative apartments
The provisions of 27 V.S.A. chapter 15, subchapter 2 shall apply to all proposed conversions of residential rental properties to cooperative ownership. “Conversion” shall be deemed to occur when a cooperative interest is first offered to a prospective member of a cooperative housing corporation involving the subject property. (Added 1987, No. 254 (Adj. Sess.), § 1, eff. June 16, 1988.)
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