Transfer of membership or right arising therefrom

Miss. Code Ann. § 79-11-179, under Nonprofit, Nonshare Corporations and Religious Societies.

Miss. Code Ann. § 79-11-179

(1) Except as set forth or authorized by the articles or bylaws, no member of a corporation may transfer a membership or any right arising therefrom.

(2) 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.