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§ 29-306.04Title 29

Election of directors by certain classes of shareholders.

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.

Annotations

July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720
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Sourced from the DC Council Open Law Library (public domain).

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