Arkansas Statutes

§ 4-33-730 — Voting agreements

Arkansas·Title 4
(a)Two (2) 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 ten (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.

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Legislative History

Acts 1993, No. 1147, § 730.

Nearby Sections

15
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