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.
Haw. Rev. Stat. § 414-194
Election of directors by certain classes of shareholders
Known as the Hawaii Business Corporation Act
The act spans §§ 414-1 to 414-89 (199 sections).
L 2000, c 244, pt of §1
Official source: Hawaii State Legislature. Reproduced from public-domain Hawaii statutes; confirm against the official source for the current text. Not legal advice.