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Code · Washington · Title 24 — Corporations and Associations (Nonprofit) · Chapter 24.03A

RCW 24.03A.350

100 words·~1 min read·/wa/title-24/chapter-24-03a/24-03a-350·

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(1)Except as provided in the articles or bylaws or by resolution of the board, a member of a membership corporation may not transfer a membership or any right arising therefrom.
(2)Where 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 affected member consents to the restriction in the form of a record.
[ 2021 c 176 s 2108 .]
Notes:
Effective date — 2021 c 176: See note following RCW 24.03A.005 .
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