2006 Louisiana Laws - RS 9:2275 — Board of trustees

§2275.  Board of trustees

When the donation is made to individual trustees, they and their successors, upon complying with the laws relative to the organization of corporations for literary, scientific, religious, and charitable purposes, shall constitute a body corporate with the power of continuous succession and unlimited duration, and with all the powers conferred upon corporations by law and by custom; however, the requirements as to the number of persons necessary for the formation of a corporation shall not apply to the trustees.  If any of the trustees do not accept the trust, the others named may accept and proceed to fill the vacancies in the manner prescribed in the act of donation.  

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