North Dakota Statutes

§ 10-33-59 — Transfer of membership

North Dakota § 10-33-59
JurisdictionNorth Dakota
Title 10Corporations
Ch. 10-33Nonprofit Corporations

This text of North Dakota § 10-33-59 (Transfer of membership) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.D. Cent. Code § 10-33-59 (2026).

Text

1.Except as provided in the articles or bylaws, a member of a corporation may not transfer a membership or a right arising from it.
2.When transfer rights have been provided, a restriction on them is not binding with respect to a member holding a membership issued before the adoption of the restriction unless the restriction is approved by the members and the affected member.

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Bluebook (online)
North Dakota § 10-33-59, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/10-33-59.