618 - Cumulative voting.

§ 618. Cumulative voting.    The  certificate  of incorporation of any corporation may provide that  in all elections of directors of such corporation each shareholder shall  be entitled to as many votes as shall equal the number of  votes  which,  except for such provisions as to cumulative voting, he would be entitled  to  cast  for  the  election  of  directors  with  respect to his shares  multiplied by the number of directors to be elected,  and  that  he  may  cast  all  of  such  votes  for a single director or may distribute them  among the number to be voted for, or any two or more of them, as he  may  see fit, which right, when exercised, shall be termed cumulative voting.