35-2-543. Voting agreements.
35-2-543. Voting agreements. (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.
History: En. Sec. 74, Ch. 411, L. 1991.