TITLE XXVII CORPORATIONS, ASSOCIATIONS, AND PROPRIETORS OF COMMON LANDS
CHAPTER 296 DIVIDEND-PAYING CORPORATIONS
Capital Stock and Shares
Section 296:9
296:9 Classes. –
A corporation may divide its capital stock into different classes of shares, giving such preferences in relation to dividends to any class as it sees fit; but the duties and liabilities of its stockholders to creditors of the corporation and to the state shall not be affected thereby.