§ 7.30 Voting agreements

11 V.S.A. § 7.30 (N/A)
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§ 7.30. Voting agreements

(a) Two 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 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. (Added 1995, No. 179 (Adj. Sess.), § 1, eff. Jan. 1, 1997.)