Transfer of stock.
R.I. Gen. Laws § 7-7-12
in effect7-7-12. Transfer of stock.
The transfer of common stock of an association is restricted to persons engaged in
the production of the products handled by an association subject to any provisions
in its articles or bylaws consistent with this chapter. An association may provide
in its articles or bylaws that it is to have the prior right to purchase, on any terms
that it determines, any of its common stock that may be offered for sale.
P.L. 1928, ch. 1202, § 6; G.L. 1938, ch. 117, § 6; G.L. 1956, § 7-7-12.
Source: State of Rhode Island General Assembly (rilegislature.gov)URL: https://webserver.rilegislature.gov/Statutes/TITLE7/7-7/7-7-12.htmFetched: 10/20/2026