--- title: O.C.G.A. § 14-2-730. Voting trusts. collection: code id: 14-2-730 cite_as: O.C.G.A. § 14-2-730 (2025) canonical_url: https://georgiacommons.org/code/14-2-730 md_url: https://georgiacommons.org/code/14-2-730.md text_url: https://georgiacommons.org/code/14-2-730/text source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t14-(v12)-2017-pdf.pdf?sfvrsn=507372ea_0#page=193 date: 2025 status: active corpus_version: 2025-supplement-89aa39ab3c68 license: CC0-1.0 publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice. up: https://georgiacommons.org/code/14-2.md previous: https://georgiacommons.org/code/14-2-729.1.md next: https://georgiacommons.org/code/14-2-731.md index: https://georgiacommons.org/code/index.md version: the only printed version in_force: true current_through: Including Acts of the 2025 Regular Session of the General Assembly heading_path: CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS / BUSINESS CORPORATIONS / SHAREHOLDERS / VOTING TRUSTS AND AGREEMENTS --- # O.C.G.A. § 14-2-730. Voting trusts. (a) One or more shareholders may create a voting trust, conferring on a trustee the right to vote or otherwise act for them, by signing an agreement setting out the provisions of the trust (which may include anything consistent with its purpose) and transferring their shares to the trustee. When a voting trust agreement is signed, the trustee shall prepare a list of the names and addresses of all owners of beneficial interests in the trust, together with the number and class of shares each transferred to the trust, and deliver a copy of the list and agreement to the corporation’s principal office. (b) A voting trust becomes effective on the date the first shares subject to the trust are registered in the trustee’s name. A voting trust is valid for not more than ten years after its effective date unless extended under subsection (c) of this Code section. (c) All or some of the parties to a voting trust may extend it for additional terms of not more than ten years each by signing an extension agreement and obtaining the voting trustee’s written consent to the extension. An extension is valid for ten years from the date the first shareholder signs the extension agreement. The voting trustee must deliver copies of the extension agreement and list of beneficial owners to the corporation’s principal office. An extension agreement binds only those parties signing it. ## History Code 1981, § 14-2-730, enacted by Ga. L. 1988, p. 1070, § 1; Ga. L. 1989, p. 946, § 27.