Limitation on Sale or Transfer of Membership or Shares

Checkout our iOS App for a better way to browser and research.

A member or shareholder of a professional association may sell or transfer his membership or shares in such professional association only to another individual who is duly licensed or otherwise legally authorized to render the same professional services as those for which the association was organized.

(Ga. L. 1961, p. 404, § 14.)

RESEARCH REFERENCES

Am. Jur. 2d.

- 18A Am. Jur. 2d, Corporations, § 563 et seq.


Download our app to see the most-to-date content.