24.03A.345  <<  24.03A.350 >>   24.03A.355

Transfers of membership.

(1) Except as provided in the articles or bylaws or by resolution of the board, a member of a membership corporation may not transfer a membership or any right arising therefrom.
(2) Where the right to transfer a membership has been provided, a restriction on that right shall not be binding with respect to a member holding a membership issued before the adoption of the restriction unless the affected member consents to the restriction in the form of a record.

NOTES:

Effective date2021 c 176: See note following RCW 24.03A.005.
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