Arizona § 10-3611 Transfers

Arizona Statutes

§ 10-3611 — Transfers

Arizona § 10-3611

Title 10Arizona Revised Statutes

Ch. 29MEMBERS AND MEMBERSHIP-NONPROFIT CORPORATIONS

Art. 2Types of Memberships-Members' Rights and Obligations

This text of Arizona § 10-3611 (Transfers) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 10-3611 (2026).

Text

A.Except as set forth in or authorized by the articles of incorporation or bylaws, no member of a corporation may transfer a membership or any right arising from that membership.

B.If transfer rights are provided, no restriction on them is binding with respect to a member holding a membership issued prior to the adoption of the restriction unless the restriction is approved by the members and the affected member.

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A. Except as set forth in or authorized by the articles of incorporation or bylaws, no member of a corporation may transfer a membership or any right arising from that membership.

B. If transfer rights are provided, no restriction on them is binding with respect to a member holding a membership issued prior to the adoption of the restriction unless the restriction is approved by the members and the affected member.