Transfer of membership

N.D. Cent. Code § 10-33-59
in effect
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10-33-59. Transfer of membership 1. Except as provided in the articles or bylaws, a member of a corporation may not transfer a membership or a right arising from it. 2. When 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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t10c33.pdf#nameddest=10-33-59Fetched: 10/16/2026

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