A written agreement among persons who are then shareholders or subscribers for shares to be issued, relating to the voting of their shares, is valid and specifically enforceable by and against the parties to the agreement. The agreement may override the provisions of section 302A.449 regarding proxies and is not subject to the provisions of section 302A.453 regarding voting trusts.
Minn. Stat. § 302A.455
SHAREHOLDER VOTING AGREEMENTS.
Known as the Minnesota Business Corporation Act
The act spans §§ 302A.001 to 302A.92 (139 sections).
1981 c 270 s 75; 1982 c 497 s 45; 1987 c 104 s 27
Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.