Statutes > Arkansas Statutes > Title 4 - Business and Commercial Law > Subtitle 3 - Corporations And Associations > Chapter 33 - The Arkansas Nonprofit Corporation Act of 1993 > Subchapter 7 - Members' Meetings and Voting > T - A -- Meetings and Action Without Meetings > § 4-33-730 - Voting agreements.

§ 4-33-730 - Voting agreements.

4-33-730. Voting agreements.

(a) Two (2) or more members may provide for the manner in which they will vote by signing an agreement for that purpose. Such agreements may be valid for a period of up to ten (10) years. For public benefit corporations such agreements must have a reasonable purpose not inconsistent with the corporation's public or charitable purposes.

(b) A voting agreement created under this section is specifically enforceable.