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 of shares or series. Each class (or classes) or series of shares entitled to elect one or more directors is a separate voting group for purposes of the election of directors.
History. Code 1981, § 14-2-804 , enacted by Ga. L. 1988, p. 1070, § 1.
Structure Georgia Code
Title 14 - Corporations, Partnerships, and Associations
Chapter 2 - Business Corporations
Article 8 - Directors and Officers
§ 14-2-801. Requirement for and Functions of Board of Directors
§ 14-2-802. Qualifications of Directors
§ 14-2-803. Number and Election of Directors
§ 14-2-804. Election of Directors by Certain Classes of Shareholders
§ 14-2-805. Terms of Directors Generally
§ 14-2-806. Staggered Terms for Directors
§ 14-2-807. Resignation of Directors