Co-operatives National Law (Queensland)
sec.100Sale or transfer of shares to be subject to rules
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sec.100 Sale or transfer of shares to be subject to rules
A share in a co-operative cannot be sold or transferred except under the rules of the co-operative. Without limiting subsection (1) , a share in a co-operative cannot be sold or transferred to 2 or more persons jointly if the rules of the co-operative do not (either generally or in the circumstances of the particular case) allow the share to be held jointly. (sec.100-ssec.1) A share in a co-operative cannot be sold or transferred except under the rules of the co-operative. (sec.100-ssec.2) Without limiting subsection (1) , a share in a co-operative cannot be sold or transferred to 2 or more persons jointly if the rules of the co-operative do not (either generally or in the circumstances of the particular case) allow the share to be held jointly.