GEORGIA CODE (Last Updated: August 20, 2013) |
Title 14. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS |
Chapter 3. NONPROFIT CORPORATIONS |
Article 7. MEETINGS |
Part 3. VOTING AGREEMENTS |
Section 14-3-730. Agreements among members
Latest version.
- (a) Two 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 20 years. For corporations described in paragraph (2) of subsection (a) of Code Section 14-3-1302, such agreements must have a reasonable purpose not inconsistent with the corporation's public or charitable purposes.
(b) A voting agreement created under this Code section is specifically enforceable.
Code 1981, § 14-3-730, enacted by Ga. L. 1991, p. 465, § 1.