{"data":{"id":"us-vt/11a-v.s.a.-8.04","jurisdiction":"us-vt","citation":"11A V.S.A. § 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.","path":["Title 11A: Vermont Business Corporations","Chapter 008: Directors and Officers","Subchapter 001: BOARD OF DIRECTORS"],"source_url":"https://legislature.vermont.gov/statutes/fullchapter/11A/008","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T16:05:51Z","sha256":"911c603e45257c2810973e4d1f45262defbdb1a9614fd3b37979bd9b5c3c6cc0","source_id":"us-vt","stale":false,"prev":"us-vt/11a-v.s.a.-8.03","next":"us-vt/11a-v.s.a.-8.05"},"notice":"GroundRules: Original legal text. Not legal advice."}