Membership interest transfer restrictions

Miss. Code Ann. § 79-29-910, under Professional Limited Liability Companies.

Miss. Code Ann. § 79-29-910

(1) A member of a professional limited liability company may transfer the member’s membership interests only to qualified persons. Unless otherwise prohibited by the certificate of formation or operating agreement, a member of a professional limited liability company may pledge the member’s membership interest to a qualified person or to a disqualified person.

(2) A transfer of a membership interest made in violation of subsection (1), except one made by operation of law or court judgment, is void.