Which of the following is incorrect: transmission of shares occurs by operation of law

where:

a$)$ Shares are held jointly, the surviving owner becomes the registered owner on the

death of the other;

b$)$ On the bankruptcy of a member, the beneficial ownership passes to the official

assignee

c$)$ A member dies his shares will automatically vest in his personal representative

d$)$ A shareholder agrees to sell his$/$her share to another individual$**$