{"data":{"id":"us-mt/35-2-514","jurisdiction":"us-mt","citation":"35-2-514","heading":"Transfers.","body":"(1) Except as set forth in or authorized by the articles or bylaws, a member of a mutual benefit corporation may not transfer a membership or any right arising from a membership.\n(2) A member of a public benefit or religious corporation may not transfer a membership or any right arising from a membership.\n(3) When transfer rights have been provided, a restriction on them is not binding on 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.","path":["TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS","CHAPTER 2. NONPROFIT CORPORATIONS","Part 5. Members -- Delegates -- Voting"],"source_url":"https://mca.legmt.gov/bills/mca/title_0350/chapter_0020/part_0050/section_0140/0350-0020-0050-0140.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:53:09Z","sha256":"133f31169517b748eebc7f5c87faf896a32d806bbb7dae1a0f59584cc09fbf9b","source_id":"us-mt","stale":false,"prev":"us-mt/35-2-513","next":"us-mt/35-2-515"},"notice":"GroundRules: Original legal text. Not legal advice."}
