10-2222

10-2222. Share transfer restriction

A. Voting shares, fractional voting shares and rights or options to purchase voting
shares of a professional corporation that are held by persons described in section
10-2220, subsection A, paragraphs 1, 2 and 3 may be transferred or pledged, whether
voluntarily, involuntarily, by operation of law or by court judgment or otherwise, only
to those persons. Voting shares, fractional voting shares and rights or options to
purchase voting shares of a professional corporation that are held by persons described
in section 10-2220, subsection A, paragraph 4 may be transferred or pledged, whether
voluntarily, involuntarily, by operation of law or by court judgment or otherwise, only
to persons qualified under section 10-2220 to be issued voting shares.

B. A transfer or pledge made in violation of subsection A of this section is void.