Ala. Code § 10A-3A-7.30

Current through the 2024 Regular Session.
Section 10A-3A-7.30 - Voting agreements
(a) Except as provided in the certificate of incorporation or bylaws, two or more members may provide for the manner in which they will vote by signing a written agreement for that purpose. A voting agreement is valid for the period provided in the agreement.
(b) A voting agreement created under this section is specifically enforceable, except that a voting agreement is not enforceable to the extent that enforcement of the agreement would violate the purposes of the membership nonprofit corporation.

ARTICLE 8. .

DIVISION A. .

Ala. Code § 10A-3A-7.30 (1975)

Added by Act 2023-503,§ 1, eff. 1/1/2024.