2017 Florida Statutes
TITLE XXXVI - BUSINESS ORGANIZATIONS
Chapter 617 - CORPORATIONS NOT FOR PROFIT
617.0606 - Resignation of members.

Universal Citation: FL Stat § 617.0606 (2017)

617.0606 Resignation of members.—

(1) Except as may be provided in the articles of incorporation or bylaws of a corporation, a member of a mutual benefit corporation may not transfer a membership or any right arising from membership.

(2) The resignation of a member does not relieve the member from any obligations that the member may have to the corporation as a result of obligations incurred or commitments made before resignation.

History.—s. 18, ch. 2009-205.

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