Section 293-A:8.04 Election of Directors by Certain Classes of Shareholders.

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.

Source. 1992, 255:1, eff. Jan. 1, 1993.