Rhode Island § 7-7-12 § 7-7-12. Transfer of stock.

Rhode Island Statutes

§ 7-7-12 — § 7-7-12. Transfer of stock.

Rhode Island § 7-7-12

Title 7Corporations, Associations and Partnerships

Ch. 7-7Producersâ€™ Cooperatives

This text of Rhode Island § 7-7-12 (§ 7-7-12. Transfer of stock.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 7-7-12 (2026).

Text

§ 7-7-12. Transfer of stock.
The transfer of common stock of an association is restricted to persons engaged in
            the production of the products handled by an association subject to any provisions
            in its articles or bylaws consistent with this chapter. An association may provide
            in its articles or bylaws that it is to have the prior right to purchase, on any terms
            that it determines, any of its common stock that may be offered for sale.
         

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§ 7-7-12. Transfer of stock.

The transfer of common stock of an association is restricted to persons engaged in the production of the products handled by an association subject to any provisions in its articles or bylaws consistent with this chapter. An association may provide in its articles or bylaws that it is to have the prior right to purchase, on any terms that it determines, any of its common stock that may be offered for sale.