2011 Louisiana Laws
Revised Statutes
TITLE 12 — Corporations and associations
RS 12:1060 — Directors


LA Rev Stat § 12:1060 What's This?

§1060. Directors

Only shareholders may be directors. If there are fewer than three shareholders, there need be only as many directors as shareholders. The office of a director shall become vacant if he ceases to be a shareholder.

Added by Acts 1976, No. 686, §1.

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