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Current as of January 01, 2024 | Updated by Findlaw Staff
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 shall be a separate voting group for the purposes of the election of directors.
Cite this article: FindLaw.com - District of Columbia Code Division V. Local Business Affairs § 29-306.04. Election of directors by certain classes of shareholders. - last updated January 01, 2024 | https://codes.findlaw.com/dc/division-v-local-business-affairs/dc-code-sect-29-306-04/
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