State Codes and Statutes

Statutes > Wisconsin > 181 > 181.0611

181.0611

181.0611 Transfers.

181.0611(1)

(1) When authorized. Except as set forth in or authorized by the articles of incorporation or bylaws, a member of a corporation may not transfer a membership or any right arising from a membership.

181.0611(2)

(2) Adoption of restrictions. If transfer rights have been provided, no restriction on them shall be binding with respect to a member holding a membership issued before the adoption of the restriction unless the restriction is approved by the members and the affected member.

181.0611 - ANNOT.

History: 1997 a. 79.

State Codes and Statutes

Statutes > Wisconsin > 181 > 181.0611

181.0611

181.0611 Transfers.

181.0611(1)

(1) When authorized. Except as set forth in or authorized by the articles of incorporation or bylaws, a member of a corporation may not transfer a membership or any right arising from a membership.

181.0611(2)

(2) Adoption of restrictions. If transfer rights have been provided, no restriction on them shall be binding with respect to a member holding a membership issued before the adoption of the restriction unless the restriction is approved by the members and the affected member.

181.0611 - ANNOT.

History: 1997 a. 79.

State Codes and Statutes

State Codes and Statutes

Statutes > Wisconsin > 181 > 181.0611

181.0611

181.0611 Transfers.

181.0611(1)

(1) When authorized. Except as set forth in or authorized by the articles of incorporation or bylaws, a member of a corporation may not transfer a membership or any right arising from a membership.

181.0611(2)

(2) Adoption of restrictions. If transfer rights have been provided, no restriction on them shall be binding with respect to a member holding a membership issued before the adoption of the restriction unless the restriction is approved by the members and the affected member.

181.0611 - ANNOT.

History: 1997 a. 79.