617.0606 Resignation of members.
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/fl/title-xxxvi/chapter-617/617-0606·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)Except as may be provided in the articles of incorporation or bylaws of a corporation, a member of a mutual benefit corporation may not transfer a membership or any right arising from membership.
(2)The resignation of a member does not relieve the member from any obligations that the member may have to the corporation as a result of obligations incurred or commitments made before resignation.