S.C. Code § 33-31-611 : CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS — SOUTH CAROLINA NONPROFIT CORPORATION ACT — MEMBERS AND MEMBERSHIPS — TYPES OF MEMBERSHIPS - MEMBERS' RIGHTS AND OBLIGATIONS —31-611 - Transfers

(a) Except as set forth in or authorized by the articles or bylaws, no member of a mutual benefit corporation may transfer a membership or any right arising therefrom.
(b) No member of a public benefit or religious corporation may transfer a membership or any right arising therefrom.
(c) Where transfer rights have been provided, no restriction on them is binding with respect to a member holding a membership issued before the adoption of the restriction unless the restriction is approved by the members and the affected member.

S.C. Code § 33-31-611

1994 Act No. 384, Section 1.
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