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District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 29-306.04: Election of directors by certain classes of shareholders.

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Where this section sits in the code
  1. Title 29. Business Organizations. [Enacted title]
  2. Chapter 3. Business Corporations.
  3. Subchapter VI. Directors and Officers.
  4. Part A. Board of Directors.

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 shall be a separate voting group for the purposes of the election of directors.

Collected 2026-08-29T05:44:07Z. Source file · JSON

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