Vermont Code § 11 V.S.A. § 998

Members
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§ 998. Members
Under the terms and conditions prescribed in its bylaws, a marketing cooperative may
admit as members, or issue common stock to, only cooperative marketing associations
legally formed under the laws of this State, or persons engaged in the production
of the agricultural or handcraft products to be handled by or through the association,
including the lessees and tenants of land used therefor, and any lessors and landlords
who receive any part of the agricultural or handcraft products produced on the leased
premises or of the sale price of such product as rent. Under the terms and conditions
prescribed in its bylaws, a consumers’ cooperative may admit as members any natural
persons, associations, incorporated or unincorporated groups organized on a cooperative
basis, or any nonprofit groups. Under the terms and conditions prescribed in its bylaws,
a railroad cooperative may admit as members, or issue stock to, any nonprofit organizations,
any persons, corporations, or associations who are patrons of its services.

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