{"data":{"id":"us-nc/n.c.-gen.-stat.-55-8-04","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 55-8-04","heading":"Election of directors by certain classes of shareholders.","body":"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. (1901, c. 2, ss. 14, 39; Rev., ss. 1147, 1182; C.S., ss. 1144, 1175; 1927, c. 138; G.S., ss. 55-48, 55-112; 1955, c. 1371, s. 1; 1959, c. 1316, s. 33; 1969, c. 751, ss. 10, 11; 1989, c. 265, s. 1.)","path":["Chapter 55. North Carolina Business Corporation Act.","Article 8. Directors and Officers.","Part 1. Board of Directors."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_55/GS_55-8-04.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:05:57Z","sha256":"22856c9fdbbba7f19f330955167b6684edc63b71f2b050e7ed833bad93c71d7e","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-55-8-03","next":"us-nc/n.c.-gen.-stat.-55-8-05"},"notice":"GroundRules: Original legal text. Not legal advice."}