2019 Kentucky Revised Statutes
Chapter 271B - Business corporations
Subtitle 271B.8 - Directors and Officers
271B.8-040 Election of directors by certain classes of shareholders.


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271B.8-040 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 (1) or more authorized classes of shares. A class (or classes) of shares entitled to elect one (1) or more directors is a separate voting group for purposes of the election of directors. Effective: January 1, 1989 History: Created 1988 Ky. Acts ch. 23, sec. 71, effective January 1, 1989.
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