Section 28-13-9-4 - Election of directors; voting groups; classes of shares(a) 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 at least one (1) authorized class of shares.(b) Each class of shares entitled to elect at least one (1) director is a separate voting group for purposes of the election of directors.As added by P.L. 14-1992, SEC.163.