Mich. Comp. Laws § 450.2461

Current through Public Act 171 of the 2024 Legislative Session
Section 450.2461 - Agreement as to voting rights

An agreement between 2 or more shareholders or members, if it is in writing and signed by the parties, may provide that in exercising voting rights, they shall cast their votes as provided in the agreement, or as they agree, or as determined under a procedure agreed on by them. A voting agreement executed under this section, whether or not proxies are executed under that agreement, is not subject to sections 466 to 468. A voting agreement under this section is specifically enforceable.

MCL 450.2461

Amended by 2014, Act 557,s 76, eff. 1/15/2015.
1982, Act 162, eff. 1/1/1983.