79-17-21 - Membership nontransferable.
§ 79-17-21. Membership nontransferable.
All memberships shall be personal to the member and equal in right, and shall not be transferable, assignable, vendible, inheritable, devisable, or seizable; and each member shall have one (1) vote only.
Sources: Codes, 1930, § 4089; 1942, § 4484; Laws, 1928, ch. 295; Laws, 1930, ch. 109.