Title 14, Chapter 2, Section 804
( 14-2-804)
If the articles of incorporation authorize dividing the shares into
classes or series, 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 or series. Each class (or classes) or
series of shares entitled to elect one or more directors is a
separate voting group for purposes of the election of directors. |