{"data":{"id":"us-me/13-c-m.r.s.-804","jurisdiction":"us-me","citation":"13-C M.R.S. §804","heading":"Election of directors by certain classes of shareholders","body":"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.","path":["TITLE 13-C: MAINE BUSINESS CORPORATION ACT","CHAPTER 8: DIRECTORS AND OFFICERS","SUBCHAPTER 1: BOARD OF DIRECTORS"],"source_url":"https://legislature.maine.gov/statutes/13-C/title13-Csec804.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:27Z","sha256":"65dd1ac07b8fe72e3108146d387f699e591f15f959a9daca51955fb43ebfd4f5","source_id":"us-me","stale":false,"prev":"us-me/13-c-m.r.s.-803","next":"us-me/13-c-m.r.s.-805"},"notice":"GroundRules: Original legal text. Not legal advice."}