Title 14, Chapter 2, Section 731
( 14-2-731)
(a) Two or more shareholders may provide for the manner in which their shares will be voted by signing an agreement for that purpose. A voting agreement created under this Code section or under subsection (b), (f), or (g) of Code Section 14-2-920 is not subject to the provisions of Code Section 14-2-730. (b) A voting agreement created under this Code section is
specifically enforceable. (c) The duration of any agreement created under this Code section
shall not exceed 20 years. Failure to state a period of duration or
stating a period of duration in excess of 20 years shall not
invalidate the agreement, but in either case the period of duration
shall be 20 years. Any such agreement may be renewed for a period
not in excess of 20 years from the date of renewal by agreement of
all the shareholders bound thereby at the date of renewal. |