§ 3032.
75 words·~1 min read·
/vt/title-30/chapter-81/3032A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 3032. Sale or lease of assets
A cooperative may not sell, lease, or otherwise dispose of all or a substantial portion of its property unless such sale, lease, or other disposition is authorized by the affirmative vote of not less than a majority of all the members of the cooperative. Members may vote in person or in a manner authorized under section 3011 of this title. (Amended 1999, No. 143 (Adj. Sess.), § 22.)