REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT.
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.
Structure Code of Alabama
Title 10A - Alabama Business and Nonprofit Entities Code.
Chapter 2 - Business Corporations.
Article 8 - Directors and Officers.
Division A - Board of Directors.
Section 10A-2-8.01 - Requirements for and Duties of Board of Directors.
Section 10A-2-8.02 - Qualifications of Directors.
Section 10A-2-8.03 - Number and Election of Directors.
Section 10A-2-8.04 - Election of Directors by Certain Classes of Shareholders.
Section 10A-2-8.05 - Terms of Directors Generally.
Section 10A-2-8.06 - Staggered Terms for Directors.
Section 10A-2-8.07 - Resignation of Directors.
Section 10A-2-8.08 - Removal of Directors by Shareholders.
Section 10A-2-8.09 - Removal of Directors by Judicial Proceeding.