30-1-804 ELECTION OF DIRECTORS BY CERTAIN CLASSES OF SHAREHOLDERS.
CORPORATIONS
CHAPTER 1
GENERAL BUSINESS CORPORATIONS
PART 8.
DIRECTORS AND OFFICERS
30-1-804. 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.