If the articles of incorporation authorize dividing the shares into classes, the articles may also authorize the election of all or a specified number of directors by the holders of one (1) or more authorized classes of shares. A class (or classes) of shares entitled to elect one (1) or more directors is a separate voting group for purposes of the election of directors.
Section: Previous 4-27-802 4-27-803 4-27-804 4-27-805 4-27-806 4-27-807 4-27-808 4-27-809 4-27-810 4-27-811 NextLast modified: November 15, 2016