1. Shares in a corporation may be transferred to a trustee pursuant to written agreement,
for the purpose of conferring on the trustee the right to vote and otherwise represent
the beneficial owner of those shares for a period not exceeding ten years, except
that if the agreement is made in connection with an indebtedness of the corporation,
the voting trust may extend until the indebtedness is discharged. Unless otherwise specified in the agreement, the voting trust may be terminated
at any time by the beneficial owners of a majority of the voting power of the shares
held by the trustee. A signed original of the agreement must be filed with the corporation.
2. When a voting trust agreement is signed, the trustee shall prepare a list of the
identities of all owners of beneficial interests in the trust, together with the number
and class of shares each transferred to the trust. The list must include each shareholder's:
a. Physical mailing address, if the identity of a shareholder on the list consists
of the shareholder's name; or
b. Authorized means of receipt for electronic transmissions, if the identity of a
shareholder on the list consists of the shareholder's data address.
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