Missouri § 355.191 - Membership transfer restricted, when.
Full text of Missouri Revised Statutes of Missouri § 355.191 — Membership transfer restricted, when., with citation guidance and answers to common questions.
§ 355.191. Membership transfer restricted, when.
1. Except as set forth in or authorized by the articles or bylaws, no member of a mutual benefit corporation may transfer a membership or any right arising therefrom.
2. No member of a public benefit corporation may transfer a membership or any right arising therefrom.
3. Where transfer rights have been provided, no restriction on them shall be binding with respect to 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.
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(L. 1994 H.B. 1095)
Effective 7-01-95
---- end of effective 01 Jul 1995 ----
Frequently Asked Questions About Missouri § 355.191
What does Revised Statutes of Missouri § 355.191 cover?
Section 355.191 ("Membership transfer restricted, when.") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Missouri § 355.191?
A common citation format is "Revised Statutes of Missouri § 355.191" (Missouri). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Missouri law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.
How does Missouri § 355.191 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Missouri.