§ 79-29-910. Membership interest transfer restrictions

MS Code § 79-29-910 (2019) (N/A)
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(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.