Statutes, codes, and regulations
Kentucky Revised Statutes
Title 23 - PRIVATE CORPORATIONS AND ASSOCIATIONSChapter 271B - BUSINESS CORPORATIONSSubtitle 271B.8 - DIRECTORS AND OFFICERS
BOARD OF DIRECTORS
Section 271B.8-040 - Election of directors by certain classes of shareholders

Ky. Rev. Stat. § 271B.8-040

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Current through Acts Received April 24, 2024
Section 271B.8-040 - 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 (1) or more authorized classes of shares. A class (or classes) of shares entitled to elect one (1) or more directors is a separate voting group for purposes of the election of directors.

KRS 271B.8-040

Effective:1/1/1989
Created 1988 Ky. Acts ch. 23, sec. 71, effective1/1/1989.