82.236 - Transfer of membership. - Nevada Statutes

82.236  Transfer of membership.

      1.  Except as otherwise provided in the articles or bylaws, a member of a corporation may not transfer a membership or a right arising from it.

      2.  Where rights of transfer have been provided, a restriction on them is not binding with respect to a member holding a membership issued before the adoption of the restriction unless the restriction is approved by the members and the affected member.

      (Added to NRS by 1991, 1271)