Section 47-11E-6 - Ineligible shareholder to dispose of shares.
47-11E-6. Ineligible shareholder to dispose of shares. Provisions shall be made requiring any shareholder who ceases to be eligible to be a shareholder to dispose of all shares forthwith either to the corporation or to any person having the qualifications prescribed in § 47-11E-5.
Source: SL 1996, ch 228, § 6.