GroundRules
35-2-543: Voting agreements.
Where this section sits in the code
- TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS
- CHAPTER 2. NONPROFIT CORPORATIONS
- Part 5. Members -- Delegates -- Voting
(1) Two or more members may provide for the manner in which they will vote by signing an agreement for that purpose. Voting agreements may be valid for a period of up to 10 years. For public benefit corporations, voting agreements must have a reasonable purpose consistent with the corporation's public or charitable purposes.
(2) A voting agreement created under this section is specifically enforceable.
Collected 2026-09-14T04:53:10Z. Source file · JSON