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2020 Iowa Code
Title XII - BUSINESS ENTITIES
Chapter 504 - REVISED IOWA NONPROFIT CORPORATION ACT
Section 504.721 - Voting agreements.
Universal Citation: IA Code § 504.721 (2020)
504.721 Voting agreements.
1. Two or more members of a corporation may provide for the manner in which they will vote by signing an agreement for that purpose. For public benefit corporations, such agreements must have a reasonable purpose not inconsistent with the corporation’s public or charitable purposes.
2. A voting agreement created under this section is specifically enforceable.
2004 Acts, ch 1049, §71, 192
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