Ala. Code § 10A-3A-7.30 (2026) – Voting Agreements. | Midpage
§ 10A-3A-7.30
Ala. Code § 10A-3A-7.30 (2026)
Voting Agreements.
(Act 2023-503, §1.)
(a) Except as provided in the certificate of incorporation or bylaws, two or more members may provide for the manner in which they will vote by signing a written agreement for that purpose. A voting agreement is valid for the period provided in the agreement.
(b) A voting agreement created under this section is specifically enforceable, except that a voting agreement is not enforceable to the extent that enforcement of the agreement would violate the purposes of the membership nonprofit corporation.