§414-194 - Election of directors by certain classes of shareholders.
[§414-194] Election of directors by certainclasses of shareholders. If the articles of incorporation authorizedividing the shares into classes, the articles may also authorize the electionof all or a specified number of directors by the holders of one or moreauthorized classes of shares. A class or classes of shares entitled to electone or more directors is a separate voting group for purposes of the electionof directors. [L 2000, c 244, pt of §1]