Montana Statutes

§ 35-2-543 — Voting Agreements

Montana·Title 35 CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS·Ch. 2 NONPROFIT CORPORATIONS·Part 5 Members -- Delegates -- Voting

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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Legislative History

En. Sec. 74, Ch. 411, L. 1991.

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