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·Title 7 Corporations, Associations and Partnerships·Ch. 7-7 Producersâ€™ Cooperatives

§ 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.

Rhode Island § 7-7-12 (§ 7-7-12. Transfer of stock.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.