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Maine · Through October 1, 2025

13-C M.R.S. §804: Election of directors by certain classes of shareholders

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Where this section sits in the code
  1. TITLE 13-C: MAINE BUSINESS CORPORATION ACT
  2. CHAPTER 8: DIRECTORS AND OFFICERS
  3. 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.

Collected 2026-09-04T15:12:27Z. Source file · JSON

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