47-11A-6. Disposition of shares when shareholder no longer eligible. Provisions shall be made requiring any shareholder of a corporation formed under § 47-11A-1 who ceases to be eligible to be a shareholder to dispose of all his shares forthwith either to the corporation or to any person having the qualifications prescribed in § 47-11A-5.
Source: SL 1970, ch 258, § 1 (5).
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