Membership interest not transferable.

  1. Law
  2. Iowa Code
  3. BUSINESS ENTITIES
  4. REVISED UNIFORM UNINCORPORATED NONPROFIT ASSOCIATION ACT
  5. Membership interest not transferable.

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501B.21 Membership interest not transferable.

Except as otherwise provided in the governing principles, a member’s interest or any right under the governing principles is not transferable.

2010 Acts, ch 1112, §21, 33


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