Statutes > Mississippi Statutes > TITLE 79 - CORPORATIONS, ASSOCIATIONS, AND PARTNERSHIPS > Chapter 11 - Nonprofit, Nonshare Corporations and Religious Societies. > 79-11-173 - Consideration for admission of members to corporation.

79-11-173 - Consideration for admission of members to corporation.

§ 79-11-173. Consideration for admission of members to corporation.
  

Except as provided in its articles or bylaws, a corporation may admit members for no consideration or for such consideration as is determined by the board. 
 

Sources: Laws,  1987, ch. 485, § 37, eff from and after January 1, 1988.