Movable property of shares and debentures is transferable only according to a company's articles governing transfer. Shares, debentures and other interests of a company member are movable property and are transferable only in the manner provided by the company's articles; the articles govern the method and conditions of transfer and thus determine how member interests are alienated within the company's internal transfer regime.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Movable property of shares and debentures is transferable only according to a company's articles governing transfer.
Shares, debentures and other interests of a company member are movable property and are transferable only in the manner provided by the company's articles; the articles govern the method and conditions of transfer and thus determine how member interests are alienated within the company's internal transfer regime.
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