D.C. Code § 29-509

Current through codified legislation effective September 18, 2024
Section 29-509 - Proxy prohibited

A shareholder of a professional corporation shall not enter into a voting trust, proxy, or any other arrangement vesting another person, other than another shareholder of the same corporation, with the authority to exercise the voting power of any or all of his shares, and any such voting trust, proxy, or other arrangement shall be void.

D.C. Code § 29-509

July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.