As Amended
SEC. 79-4-8.04. Election of directors by authorized classes of shares.
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. Each class (or classes) of shares entitled to elect one or more directors is a separate voting group for purposes of the election of directors.
SOURCES: Laws, 1988, ch. 368, Sec. 12, eff from and after passage (approved April 18, 1988).