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18 GCA § 28718

Voting Agreements

Guam Code AnnotatedTitle 18 — Business Structure and Function
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(a)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 the provisions of § 28717.

(b)A voting agreement created under this section is specifically enforceable.

(c)No agreement made pursuant to subsection(a) shall be held to be invalid or unenforceable on the ground that it is a voting trust or a shareholder agreement that does not comply with § 28717 or § 28719, or that it is a proxy that does not comply with § 28710. Neither this section nor sections 28717 or 28719 shall invalidate any voting or other agreement among shareholders or any irrevocable proxy complying with § 28710, which agreement or proxy is not otherwise illegal. COL372014 CH. 28 GUAM BUSINESS CORPORATION ACT

Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.