{"data":{"id":"us-dc/d.c.-code-29-404.11","jurisdiction":"us-dc","citation":"D.C. Code § 29-404.11","heading":"Transfers.","body":"(a)\nExcept as otherwise provided in the articles of incorporation or bylaws, a member of a membership corporation shall not transfer a membership or any right arising therefrom.\n\n(b)\nIf the right to transfer a membership has been provided, a restriction on that right shall not be binding with respect to a member holding a membership issued before the adoption of the restriction unless the restriction is approved by the affected member.","path":["Title 29. Business Organizations. [Enacted title]","Chapter 4. Nonprofit Corporations.","Subchapter IV. Memberships and Financial Provisions.","Part B. Rights and Obligations of Members."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/29-404.11","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"a42472d2dbb56e73528defad58d911bc2da037919d651206edef006d9b921c02","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-29-404.10","next":"us-dc/d.c.-code-29-404.12"},"notice":"GroundRules: Original legal text. Not legal advice."}
