Iowa Code 524.540 – Voting agreements
Current as of: 2023 | Check for updates
|
Other versions
1. Two or more shareholders may provide for the manner in which they will vote their shares by signing an agreement for that purpose. A voting agreement created under this section is not subject to section 524.539.
Terms Used In Iowa Code 524.540
- Shares: means the units into which the proprietary interests in a state bank incorporated as a stock corporation are divided. See Iowa Code 524.103
2. A voting agreement created under this section is subject to a judicial order for specific enforcement.