35-4-303. Proxies and voting trusts.
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/mt/title-35/chapter-4/part-3/35-4-303·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
35-4-303 . Proxies and voting trusts. No proxy for shares of a professional corporation is valid unless given to a qualified person. A voting trust for shares of a professional corporation is invalid unless all trustees and beneficiaries are qualified persons, except that a voting trust is valid for 10 months after the death of a deceased beneficiary or for 5 months after a beneficiary has become a disqualified person.