490.804  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 or more authorized classes of shares. Each class, or classes, of shares entitled to elect one or more directors is a separate voting group for purposes of the election of directors.
89 Acts, ch 288, §75
Referred to in §490.806A