Election of Directors by Certain Classes of Shareholders

18 GCA § 28804 — under Guam Business Corporation Act.

18 GCA § 28804

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

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(or classes) of shares entitled to elect one or more directors is a separate voting group for purposes of the election of directors.