There is a newer version of the Louisiana Laws
2011 Louisiana Laws
Revised Statutes
TITLE 12 — Corporations and associations
RS 12:209 — Corporations not required to be non-stock corporations
LA Rev Stat § 12:209 What's This?
§209. Corporations not required to be non-stock corporations
A corporation which is not permitted to distribute its net assets to its members upon dissolution may be organized either on a stock basis or on a non-stock basis.
Acts 1968, No. 105, §1; Acts 1987, No. 294, §1, eff. July 5, 1987.
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