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Arizona Arizona Revised Statutes

§ 10-804 — Election of directors by certain classes or series of shareholders

ARS § 10-804Title 10. Corporations and Associations · Ch. 8. DIRECTORS AND OFFICERS · Art. 1. Board of Directors

Statute text

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10-804. Election of directors by certain classes or series of shareholders A. If the articles of incorporation authorize dividing the shares into classes or series, the articles 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. B. One or more classes or one or more series of shares entitled to elect one or more directors is a separate voting group for purposes of the election of directors.

Source: Arizona Arizona Revised Statutes § 10-804 from the Arizona Revised Statutes (Arizona State Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.