2005 Minnesota Statutes - 317A.457 — Voting agreements.

     317A.457 Voting agreements. 


    (a) To the extent permitted in the articles or bylaws, two 
 or more members may provide for how they will vote by signing an 
 agreement for that purpose.  An agreement may be valid for a 
 period of up to ten years.  The agreement must have a reasonable 
 purpose consistent with the corporation's purposes.  


    (b) A voting agreement created under this section is 
 specifically enforceable.  


    (c) A voting agreement is not effective until it is filed 
 with the corporation. 


    HIST: 1989 c 304 s 78