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Code · Montana · Title 35 — Corporations, Partnerships, and Associations · Chapter 2 · Part 5

35-2-543. Voting agreements.

69 words·~1 min read·/mt/title-35/chapter-2/part-5/35-2-543

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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.
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