Validity of share voting agreements.

Checkout our iOS App for a better way to browser and research.

Except for qualified trusts, a proxy, voting trust, or other voting agreement with respect to shares of a professional corporation shall not be valid unless all holders thereof, all trustees and beneficiaries thereof, or all parties thereto, as the case may be, are eligible to be shareholders of the corporation.

[ 1997 c 18 § 3; 1983 c 51 § 12.]


Download our app to see the most-to-date content.