Alabama Code (Last Updated: November 28, 2014) |
Title10A ALABAMA BUSINESS AND NONPROFIT ENTITIES CODE. |
Chapter2. BUSINESS CORPORATIONS. |
Article7. Shareholders. |
DivisionC. Voting Trusts and Agreements. |
§10A-2-7.31. Voting agreements.
Latest version.
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(a) Two or more shareholders may provide for the manner in which they will vote their shares by signing an agreement for that purpose. A voting agreement created under this section is not subject to the provisions of Section 10A-2-7.30.
(b) A voting agreement created under this section is specifically enforceable.