N.D. Cent. Code § 10-33-59

Current through 2024 Legislative Session
Section 10-33-59 - Transfer of membership
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.

N.D.C.C. § 10-33-59