Current as of January 01, 2020 | Updated by FindLaw Staff
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All members have the same rights and obligations with respect to voting, dissolution, redemption and transfer, unless the charter or bylaws establish classes of membership with different rights or obligations. All members have the same rights and obligations with respect to any other matters, except as set forth in or authorized by the charter or bylaws.
Cite this article: FindLaw.com - Tennessee Code Title 48. Corporations and Associations § 48-56-201 - last updated January 01, 2020 | https://codes.findlaw.com/tn/title-48-corporations-and-associations/tn-code-sect-48-56-201.html
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