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Election of directors by certain classes of shareholders

11A V.S.A. § 8.04
in effect
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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. Added 1993, No. 85, § 2, eff. Jan. 1, 1994.
Source: Vermont General Assembly (legislature.vermont.gov)URL: https://legislature.vermont.gov/statutes/section/11A/008/00008.04Fetched: 10/21/2026

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