§ 617. Cumulative voting.

The certificate of incorporation or the by-laws of any corporation may
provide that in all elections of directors of such corporation each
member shall be entitled to as many votes as shall equal the number of
votes which, except for such provisions as to cumulative voting, he
would be entitled to cast for the election of directors multiplied by
the number of directors to be elected, and that he may cast all of such
votes for a single director or may distribute them among the number to
be voted for, or for any two or more of them, as he may see fit, which
right, when exercised, shall be termed cumulative voting.