kaal:claim:3017612-006

Duration ceilings contained in voting trust statutes do not carry over to other types of shareholder agreements, and courts have repeatedly sustained shareholder agreements intended to run indefinitely.

Source quote, verbatim

Duration limitations in the voting trust statutes do not apply to other types of shareholders' agreements.15 Numerous decisions have sustained shareholders' agreements which were to remain in effect indefinitely.

From

Wulf A. Kaal, Shareholder Agreements - National Report of the United States of America (2017), II. Regulation of Shareholders' Agreements, p. 4
https://ssrn.com/abstract=3017612 · source PDF

Cite as

Wulf A. Kaal, Shareholder Agreements - National Report of the United States of America (2017). SSRN: https://ssrn.com/abstract=3017612

Holds when

agreements other than voting trusts

Classification

conditionsupport: evidencedreputationgovernance-designcompliance

Verify

The quote above is an exact substring of the source PDF, whose sha256 is 33821db406f92efbe1698fbaed37687595c13b7ce5463b4a879df679fd4af1ac. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/1b1872d4af56141c...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/3017612-006.md | sha256sum