GEORGIA CODE (Last Updated: August 20, 2013) |
Title 14. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS |
Chapter 2. BUSINESS CORPORATIONS |
Article 8. DIRECTORS AND OFFICERS |
Part 1. BOARD OF DIRECTORS |
Section 14-2-804. Election of directors by certain classes of shareholders
Latest version.
- 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.
Code 1981, § 14-2-804, enacted by Ga. L. 1988, p. 1070, § 1.