Transfer of membership interests

Fla. Stat. § 617.0605, under Nonprofit Corporations.

Fla. Stat. § 617.0605

(1) Except as provided in the articles of incorporation or bylaws, a member of a corporation may not transfer a membership or any right arising from membership.(2) Where the right to transfer a membership has been provided in the articles of incorporation or bylaws, a restriction on such rights 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 affected member.History.—s. 17, ch. 2009-205; s. 28, ch. 2026-168.