Wyoming § 17-19-611 Transfers

Wyoming Statutes

§ 17-19-611 — Transfers

Wyoming·Title 17 Corporations, Partnerships and Associations·Ch. 19 WYOMING NONPROFIT CORPORATION ACT·Art. 6 MEMBERS AND MEMBERSHIPS

(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 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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(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 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.

Wyoming § 17-19-611 (Transfers) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.