11 V.S.A. § 562
This is the official text of 11 V.S.A. § 562, part of Vermont’s V.S.A — part of the compiled statutory law of Vermont, published by the state as "V.S.A." Browse the sections below, each linked to its official government source.
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§ 562. Distributions required
Official statutory text
Each corporation which is a “private foundation” as defined in section 509 of the Internal Revenue Code of 1986 shall distribute, for the purposes specified in its articles of organization, for each taxable year, amounts at least sufficient to avoid liability for the tax imposed by section 4942(a) of the Internal Revenue Code of 1986. (1971, No. 112, § 2.)
Status: in_force · Read it on the official government site
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