Transfer of membership interests.
F.S. 617.0605
in effect(1)
A member of a corporation may not transfer a membership or any right arising from membership except as otherwise allowed in this section.
(2)
Except as set forth in the articles of incorporation or bylaws of a mutual benefit corporation, a member of a mutual benefit corporation may not transfer a membership or any right arising from membership.
(3)
If transfer rights have been provided for one or more members of a mutual benefit corporation, a restriction on such rights 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.
Source: FL Statutes (Official Site)URL: https://www.flsenate.gov/Laws/Statutes/2025/Chapter617/AllFetched: 7/8/2026