Transfer of Membership. Membership shall not be transferred except with the approval and consent of the Board of Managers and in accordance with the Capital Units Transfer System.
Appears in 21 contracts
Samples: Operating Agreement (South Dakota Soybean Processors LLC), Operating Agreement, Operating Agreement (Lake Area Corn Processors LLC)
Transfer of Membership. Membership shall not be transferred except with the approval and consent of the Board of Managers and in accordance with the Capital Units Transfer System.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement (Northern Growers LLC)