Purchase by corporation of membership of member who resigns or whose membership is terminated

  1. Law
  2. Mississippi Code
  3. Corporations, Associations, and Partnerships
  4. Nonprofit, Nonshare Corporations and Religious Societies
  5. Mississippi Nonprofit Corporation Act
  6. Purchase by corporation of membership of member who resigns or whose membership is terminated

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

A corporation may purchase the membership of a member who resigns or whose membership is terminated for the amount and pursuant to the conditions set forth in or authorized by its articles or bylaws. No payment shall be made in violation of Section 79-11-293.


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