District of Columbia Statutes

§ 29-405.40 — Voting agreements.

District of Columbia § 29-405.40
JurisdictionDistrict of Columbia
Title 29Business Organizations. [Enacted title]
Ch. 4Nonprofit Corporations.
Subch. VMember Meetings.
Part CVoting Agreements.

This text of District of Columbia § 29-405.40 (Voting agreements.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
D.C. Code § 29-405.40 (2026).

Text

(a)Two or more members may provide for the manner in which they will vote by signing an agreement in the form of a record for that purpose. A voting agreement shall be valid for a period of up to 10 years. If no time is stated in the voting agreement, the agreement shall be valid for 5 years. The members who signed the voting agreement may, at any time, alter or terminate the agreement by signing a new agreement.
(b)A voting agreement created under this section shall be 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 corporation.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
District of Columbia § 29-405.40, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/29-405.40.