10-3730. Voting trusts
If and to the extent a membership is transferable as provided in section 10-3611, and unless otherwise provided in the articles of incorporation or bylaws, one or more members may create a voting trust, conferring on one or more trustees the right to vote or otherwise act for them, by signing an agreement setting out the provisions of the trust and transferring their memberships to the trustee or trustees. The agreement may contain any lawful provision not inconsistent with the purposes of the trust.
Section: Previous 10-3721 10-3722 10-3723 10-3724 10-3725 10-3726 10-3727 10-3730 10-3731 10-3732 10-3801 10-3802 10-3803 10-3804 10-3805 NextLast modified: October 13, 2016