Election of directors by certain classes of shareholders

13-C M.R.S. § 804, under DIRECTORS AND OFFICERS.

13-C M.R.S. § 804

If the corporation's 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. Each class of shares entitled to elect one or more directors is a separate voting group for purposes of the election of directors.