There is a newer version of the Louisiana Laws
2014 Louisiana Laws
Revised Statutes
TITLE 12 - Corporations and Associations
RS 12:1139 - Directors
LA Rev Stat § 12:1139 What's This?
§1139. Directors
Only voting shareholders, or voting shareholders of another professional psychology corporation, may be directors. If there are fewer than three voting shareholders, there need be only as many directors as voting shareholders. The office of a director shall become vacant if he ceases to be a voting shareholder.
Added by Acts 1980, No. 523, §1.
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