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2021 Louisiana Laws
Revised Statutes
Title 12 - Corporations and Associations
§1-804. Election of directors by certain classes of shareholders
Universal Citation: LA Rev Stat § 12:1-804 (2021)
RS 1-804 - Election of directors by certain classes of shareholders
If the articles of incorporation authorize dividing the shares into classes, the articles may also authorize the election of all or a specified number of directors by the holders of one or more authorized classes of shares. A class, or classes, of shares entitled to elect one or more directors is a separate voting group for purposes of the election of directors.
Acts 2014, No. 328, §1, eff. Jan. 1, 2015.
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