South Carolina Statutes

§ 33-31-611 — Transfers.

South Carolina § 33-31-611
JurisdictionSouth Carolina
Title 33CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
Ch. 31SOUTH CAROLINA NONPROFIT CORPORATION ACT

This text of South Carolina § 33-31-611 (Transfers.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.C. Code Ann. § 33-31-611 (2026).

Text

(a)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.
(b)No member of a public benefit or religious corporation may transfer a membership or any right arising therefrom.
(c)Where transfer rights have been provided, no restriction on them is 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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Legislative History

HISTORY: 1994 Act No. 384, SECTION 1.

Nearby Sections

15
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Bluebook (online)
South Carolina § 33-31-611, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/33-31-611.