Minn. Stat. § 317A.405

Current through 2023, c. 127
Section 317A.405 - TRANSFER OF MEMBERSHIP
(a) Except as provided in the articles or bylaws, a member of a corporation may not transfer a membership or a right arising from it.
(b) Where 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.

Minn. Stat. § 317A.405

1989 c 304 s 58