kaal:claim:3017612-010

MBCA Section 7.32 requires a writing but, departing from earlier statutes, does not require the agreement to sit in the articles or bylaws, so stand alone written shareholder agreements are expressly valid.

Source quote, verbatim

The agreement must be in writing, but unlike some earlier statutes, the written agreement does not have to be in the articles or bylaws—stand-alone written agreements are specifically allowed.

From

Wulf A. Kaal, Shareholder Agreements - National Report of the United States of America (2017), II. Regulation of Shareholders' Agreements, p. 6
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

MBCA Section 7.32 agreements

Classification

definitionalsupport: evidencedgovernance-design

Verify

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Attestation record: colloquium/attestations/1c8a794cc85c0d35...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/3017612-010.md | sha256sum