Wash. Rev. Code § 24.03A.350

Current through 2024
Section 24.03A.350 - Transfers of membership
(1) Except as provided in the articles or bylaws or by resolution of the board, a member of a membership corporation may not transfer a membership or any right arising therefrom.
(2) Where the right to transfer a membership has been provided, a restriction on that right shall not be binding with respect to a member holding a membership issued before the adoption of the restriction unless the affected member consents to the restriction in the form of a record.

RCW 24.03A.350

Added by 2021 c 176,§ 2108, eff. 1/1/2022.

Effective date- 2021 c 176 : See note following RCW 24.03A.005.