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§ 29-306-04 — District of Columbia Law | CourtGPT
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  2. Laws/
  3. District of Columbia/
  4. Title 29 - Business Organizations. [Enacted Title]/
  5. Chapter 3 - Business Corporationssub/
  6. Subchapter VI - Directors and Officers/
  7. Part A - Board of Directors§ 29–306.01. Requirement for and Functions of Board of Directors/
  8. § 29-306-04
District of Columbia Legal Code

§ 29-306-04

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04. 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. (July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)