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Arkansas · Snapshot Arkansas Code Release 78 (2020-11), retrieved 2026-09-17; absent from the newer snapshot, which serves other sections of this chapter, so it may since have been repealed or amended

Ark. Code Ann. § 4-33-611: Transfers.

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Where this section sits in the code
  1. Title 4 Business and Commercial Law
  2. Subtitle 3. Corporations and Associations
  3. Chapter 33 The Arkansas Nonprofit Corporation Act of 1993
  4. Subchapter 6 — Members and Membership
  5. Part B — Types of Memberships — Members' Rights and Obligations

(a) Except as set forth in or authorized by the articles or bylaws, no member of a mutual benefit corporation may transfer a membership or any right arising therefrom.

(b) No member of a public benefit or religious corporation may transfer a membership or any right arising therefrom.

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

Collected 2026-09-17T21:07:03Z. Source file · JSON

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