2011 Vermont Code
Title 11B Nonprofit Corporations
Chapter 7 MEMBERS, MEETINGS AND VOTING
§ 30 Voting agreements
§ 7.30. Voting agreements
(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 ten years. For public benefit corporations such agreements must have a reasonable purpose not inconsistent with the corporation's public or charitable purposes.
(b) A voting agreement created under this section is specifically enforceable. (Added 1995, No. 179 (Adj. Sess.), § 1, eff. Jan. 1, 1997.)
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