Mass. Gen. Laws ch. 156D § 8.04

Current through Chapters 1 to 249 and Chapters 253 to 255 of the 2024 Legislative Session

Section 156D:8.04 - Election of directors by certain classes of shareholders

If the articles of organization 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 1 or more authorized classes or series of shares. A class or series of shares entitled to elect 1 or more directors is a separate voting group for purposes of the election of directors.

Mass. Gen. Laws ch. 156D, § 8.04

Added by Acts 2003, c. 127, § 17, eff. 7/1/2004.