RS 12:1-804: Election of directors by certain classes of shareholders
Where this section sits in the code
- TITLE 12. CORPORATIONS AND ASSOCIATIONS
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.
Collected 2026-09-14T04:50:52Z. Source file · JSON