South Carolina Code 33-31-730. Voting agreements
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(a) Two or more members may provide for the manner in which they will vote by signing an agreement for that purpose. The agreements may be valid for ten years. For public benefit corporations the 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.
Terms Used In South Carolina Code 33-31-730
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.