Mont. Code § 35-14-804

Current through the 2023 Regular Session
Section 35-14-804 - Election of directors - certain classes or series of shares

If the articles of incorporation or action by the board of directors pursuant to 35-14-602 authorizes dividing the shares into classes or series, the articles of incorporation may also authorize the election of all or a specified number of directors by the holders of one or more authorized classes or series of shares. A class or series or multiple classes or series of shares entitled to elect one or more directors constitute a separate voting group for purposes of the election of directors.

§ 35-14-804, MCA

Added by Laws 2019, Ch. 271,Sec. 96, eff. 6/1/2020.