§414-194 - Election of directors by certain classes of shareholders.

[§414-194]  Election of directors by certain
classes of shareholders.  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 or more
authorized classes of shares.  A class or classes of shares entitled to elect
one or more directors is a separate voting group for purposes of the election
of directors. [L 2000, c 244, pt of §1]