Membership transfer restricted, when.

Mo. Rev. Stat. § 355.191
in effect
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355.191. Membership transfer restricted, when. — 1. Except as set forth in or authorized by the articles or bylaws, no member of a mutual benefit corporation may transfer a membership or any right arising therefrom. 2. No member of a public benefit corporation may transfer a membership or any right arising therefrom. 3. Where transfer rights have been provided, no restriction on them shall be binding with respect to 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. (L. 1994 H.B. 1095) Effective 7-01-95
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://revisor.mo.gov/main/OneSection.aspx?section=355.191Fetched: 10/17/2026