Missouri § 355.191 Membership transfer restricted, when.

Missouri Statutes

§ 355.191 — Membership transfer restricted, when.

Missouri § 355.191

Title XXIIICORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS

Ch. 355Nonprofit Corporation Law

This text of Missouri § 355.191 (Membership transfer restricted, when.) is published on Counsel Stack Legal Research, covering Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mo. Rev. Stat. § 355.191 (2026).

Text

1.Except as set forth in or authorized by the articles or bylaws, no member of a mutual benefit corporation may transfer a membership or any right arising therefrom.

2.No member of a public benefit corporation may transfer a membership or any right arising therefrom.

3.Where transfer rights have been provided, no restriction on them shall be 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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1. Except as set forth in or authorized by the articles or bylaws, no member of a mutual benefit corporation may transfer a membership or any right arising therefrom.

2. No member of a public benefit corporation may transfer a membership or any right arising therefrom.

3. Where transfer rights have been provided, no restriction on them shall be 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.