P.R. Laws tit. 14, § 3644
2019-02-20 00:00:00+00
The certificate of incorporation of any corporation may provide that at all elections of directors of the corporation, or at elections held under specified circumstances, each holder of stock or of any class or classes or of a series or series thereof shall be entitled to as many votes as shall equal the number of votes which such holder would be entitled to cast for the election of directors with respect to such holder’s voting shares multiplied by the number of directors to be elected. The number of votes so determined may be casted for a single director or may distribute them among the number to be voted for, or for any two (2) or more of them as such holder may see fit.
History —Dec. 16, 2009, No. 164, § 7.04.