Mont. Code Ann. § 35-2-514
This is the official text of Mont. Code Ann. § 35-2-514, part of Montana’s Code Ann — part of the compiled statutory law of Montana, published by the state as "Code Ann." Browse the sections below, each linked to its official government source.
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35-2-514 Transfers
Official statutory text
35-2-514 . Transfers. (1) Except as set forth in or authorized by the articles or bylaws, a member of a mutual benefit corporation may not transfer a membership or any right arising from a membership.
(2) A member of a public benefit or religious corporation may not transfer a membership or any right arising from a membership.
(3) When transfer rights have been provided, a restriction on them is not binding on 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.
(2) A member of a public benefit or religious corporation may not transfer a membership or any right arising from a membership.
(3) When transfer rights have been provided, a restriction on them is not binding on 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.
Status: in_force · Read it on the official government site
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