There Is a Newer Version
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the Vermont Statutes
2011 Vermont Code
Title 11A Vermont Business Corporations
Chapter 8 DIRECTORS AND OFFICERS
§ 4 Election of directors by certain classes of shareholders
Universal Citation:
11A VT Stats § 8.04. (2011 through Adj Sess)
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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.)
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