Statutes, codes, and regulations
General Statutes of North Carolina
Chapter 55 - NORTH CAROLINA BUSINESS CORPORATION ACTArticle 8 - DIRECTORS AND OFFICERS
Part 1 - BOARD OF DIRECTORS
Section 55-8-04 - Election of directors by certain classes of shareholders

N.C. Gen. Stat. § 55-8-04

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Current through Session Law 2024-3
Section 55-8-04 - 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 is a separate voting group for purposes of the election of directors.

N.C. Gen. Stat. § 55-8-04

1901, c.2, ss. 14, 39; Rev., ss. 1147, 1182; C.S., ss. 1144, 1175; 1927,c. 138; G.S., ss. 55-48, 55-112; 1955, c. 1371, s. 1; 1959, c. 1316, s. 33; 1969, c. 751, ss.10, 11; 1989, c. 265, s. 1.