Certificates nontransferable — surrender.

Iowa Code § 498.12, under NONPROFIT COOPERATIVE ASSOCIATIONS.

Iowa Code § 498.12

No such certificate shall be transferable by the member to any other person, but shall be surrendered to the association in case of the member’s voluntary withdrawal. [C24, 27, 31, 35, 39, § 8496; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §498.12 ] Referred to in §498.14