RS 12:136 — Law applicable to control share voting rights

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§136.  Law applicable to control share voting rights

Unless the corporation's articles of incorporation or bylaws, as in effect before a control share acquisition has occurred, provide that the provisions of R.S. 12:135 through 140.2 do not apply to control share acquisitions of shares of the corporation, control shares of an issuing public corporation acquired in a control share acquisition have only such voting rights as are conferred by R.S. 12:140.  

Acts 1987, No. 62, §1, eff. June 11, 1987.