Search OpenLegislation Statutes

This entry was published on 2014-09-22
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
Preemptive rights
Not-for-Profit Corporation (NPC) CHAPTER 35, ARTICLE 6
§ 620. Preemptive rights.

There shall be no preemptive rights in relation to membership
certificates or cards, capital certificates, subvention certificates, or
bonds. In the case of bonds having lawful voting rights, this section
shall not invalidate otherwise valid contract provisions designed to
protect such voting rights.