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2019 Mississippi Code
Title 79 - Corporations, Associations, and Partnerships
Chapter 29 - Revised Mississippi Limited Liability Company Act
Article 9 - Professional Limited Liability Companies.
§ 79-29-910. Membership interest transfer restrictions
Universal Citation: MS Code § 79-29-910 (2019)
(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.
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