Election of Directors by Certain Classes or Series of Stock.

1. Law
2. Code of Alabama
3. Alabama Business and Nonprofit Entities Code.
4. Alabama Business Corporation Law.
5. Directors and Officers.
6. Board of Directors.
7. Election of Directors by Certain Classes or Series of Stock.

Section 10A-2A-8.04

Election of directors by certain classes or series of stock.

If the certificate of incorporation or action by the board of directors pursuant to Section 10A-2A-6.02 authorizes dividing the stock into classes or series, the certificate 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 stock. A class or series (or multiple classes or series) of stock entitled to elect one or more directors is a separate voting group for purposes of the election of directors.

(Act 2019-94, §1.)

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