13-C M.R.S. §804: Election of directors by certain classes of shareholders
Where this section sits in the code
- TITLE 13-C: MAINE BUSINESS CORPORATION ACT
- CHAPTER 8: DIRECTORS AND OFFICERS
- SUBCHAPTER 1: BOARD OF DIRECTORS
If the corporation's 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. Each class of shares entitled to elect one or more directors is a separate voting group for purposes of the election of directors.
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