There is a newer version of the Louisiana Laws
2011 Louisiana Laws
Revised Statutes
TITLE 12 — Corporations and associations
RS 12:1311 — Management by members
LA Rev Stat § 12:1311 What's This?
PART III. MANAGEMENT AND MANAGEMENT
RIGHTS OF MEMBERS
§1311. Management by members
Except as otherwise provided in the articles of organization, the business of the limited liability company shall be managed by the members, subject to any provision in a written operating agreement restricting or enlarging the management rights and duties of any member or group or class of members.
Acts 1992, No. 780, §2, eff. July 7, 1992.
Disclaimer: These codes may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
