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(a) Except as authorized by the articles of incorporation or bylaws, no member of a mutual benefit corporation can transfer his/her membership or rights.

(b) No member of a public benefit corporation is allowed to transfer his/her membership or rights.

(c) If the articles of incorporation or bylaws allow a right of transfer, no restriction will be binding on a member holding a membership issued prior to adoption of the restriction, unless the restriction is approved by all members, including the member affected. [Ord. 18 Part VI § 12, adopted, 10/7/2008.]