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Missouri · Through 2026 legislative session (floor)

Mo. Rev. Stat. § 355.191: Membership transfer restricted, when.

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Where this section sits in the code
  1. Title XXIII - CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS
  2. Chapter 355 - Nonprofit Corporation Law

1. 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.

2. No member of a public benefit corporation may transfer a membership or any right arising therefrom.

3. 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 2026-09-03T22:23:27Z. Source file · JSON

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