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2022 Louisiana Laws
Revised Statutes
Title 12 - Corporations and Associations
TITLE 12 CORPORATIONS AND ASSOCIATIONS
CHAPTER 1. BUSINESS CORPORATION ACT
PART 1. GENERAL PROVISIONS
SUBPART A. SHORT TITLE AND RESERVATION OF POWER
SUBPART B. FILING DOCUMENTS
- §12:1-120. Requirements for documents; extrinsic facts
- §12:1-121. Forms
- §12:1-122. Filing, service, and copying fees
- §12:1-123. Effective time and date of document
- §12:1-124. Correcting filed document
- §12:1-125. Filing duty of secretary of state
- §12:1-126. Appeal from secretary of state's refusal to file document
- §12:1-127. Evidentiary effect of copy of filed document
- §12:1-128. Certificate of existence and standing
- §12:1-129. Penalty for signing false document
SUBPART C. SECRETARY OF STATE
SUBPART D. DEFINITIONS
- §12:1-140. Definitions
- §12:1-141. Notices and other communications
- §12:1-142. Number of shareholders
- §12:1-143. Qualified director
- §12:1-144. Householding
PART 2. INCORPORATION
- §12:1-201. Incorporators
- §12:1-202. Articles of incorporation and signed consent by agent to appointment
- §12:1-203. Incorporation
- §12:1-204. Liability for preincorporation transactions
- §12:1-205. Organization of corporation
- §12:1-206. Bylaws
- §12:1-207. Emergency bylaws
PART 3. PURPOSES AND POWERS
PART 4. NAME
PART 5. OFFICE AND AGENT
- §12:1-501. Registered office and registered agent
- §12:1-502. Change of registered office or registered agent
- §12:1-503. Resignation of registered agent
- §12:1-504. Service on corporation
PART 6. SHARES AND DISTRIBUTIONS
SUBPART A. SHARES
- §12:1-601. Authorized shares
- §12:1-602. Terms of class or series determined by board of directors
- §12:1-603. Issued and outstanding shares
- §12:1-604. Fractional shares
SUBPART B. ISSUANCE OF SHARES
- §12:1-620. Subscription for shares before incorporation
- §12:1-621. Issuance of shares
- §12:1-622. Liability of shareholders
- §12:1-623. Share dividends
- §12:1-624. Share options
- §12:1-625. Form and content of certificates
- §12:1-626. Shares without certificates
- §12:1-627. Restriction on transfer of shares and other securities
- §12:1-628. Expense of issue
SUBPART C. SUBSEQUENT ACQUISITION OF SHARES
BY SHAREHOLDERS AND CORPORATION
SUBPART D. DISTRIBUTIONS
PART 7. SHAREHOLDERS
SUBPART A. MEETINGS
- §12:1-701. Annual meeting
- §12:1-702. Special meeting
- §12:1-703. Court-ordered meeting
- §12:1-704. Action without meeting
- §12:1-705. Notice of meeting
- §12:1-706. Waiver of notice
- §12:1-707. Record date
- §12:1-708. Conduct of the meeting
- §12:1-709. Remote participation in annual and special meetings
SUBPART B. VOTING
- §12:1-720. Shareholders' list for meeting
- §12:1-721. Voting entitlement of shares
- §12:1-722. Proxies
- §12:1-723. Shares held by intermediaries and nominees
- §12:1-724. Corporation's acceptance of votes
- §12:1-725. Quorum and voting requirements for voting groups
- §12:1-726. Action by single and multiple voting groups
- §12:1-727. Greater quorum or voting requirements
- §12:1-728. Quorum and voting for directors; cumulative voting
- §12:1-729. Inspectors of election
SUBPART C. VOTING TRUSTS AND AGREEMENTS
SUBPART D. DERIVATIVE PROCEEDINGS
- §12:1-740. Subpart definitions
- §12:1-741. Standing
- §12:1-742. Demand
- §12:1-742.1. Petition in derivative proceeding
- §12:1-742.2. Jurisdiction over a director
- §12:1-742.3. Venue in derivative proceeding
- §12:1-743. Stay of proceedings
- §12:1-744. Dismissal
- §12:1-745. Discontinuance or settlement
- §12:1-746. Payment of expenses
- §12:1-747. Applicability to foreign corporations
SUBPART E. PROCEEDING TO APPOINT RECEIVER
PART 8. DIRECTORS AND OFFICERS
SUBPART A. BOARD OF DIRECTORS
- §12:1-801. Requirement for and functions of board of directors
- §12:1-802. Qualifications of directors
- §12:1-803. Number and election of directors
- §12:1-804. Election of directors by certain classes of shareholders
- §12:1-805. Terms of directors generally
- §12:1-806. Staggered terms for directors
- §12:1-807. Resignation of directors
- §12:1-808. Removal of directors by shareholders
- §12:1-809. [Reserved].
- §12:1-810. Vacancy on board
- §12:1-811. Compensation of directors
- §12:1-812. Director proxies
SUBPART B. MEETINGS AND ACTION OF THE BOARD
- §12:1-820. Meetings
- §12:1-821. Action without meeting
- §12:1-822. Notice of meeting
- §12:1-823. Waiver of notice
- §12:1-824. Quorum and voting
- §12:1-825. Committees
- §12:1-826. Submission of matters for shareholder vote
SUBPART C. DIRECTORS
- §12:1-830. Standards of conduct for directors
- §12:1-831. Standards of liability for directors
- §12:1-832. Protection against monetary liability
- §12:1-833. Directors' liability for unlawful distributions
SUBPART D. OFFICERS
- §12:1-840. Officers
- §12:1-841. Functions of officers
- §12:1-842. Standards of conduct for officers
- §12:1-843. Resignation and removal of officers
- §12:1-844. Contract rights of officers
SUBPART E. INDEMNIFICATION AND ADVANCE
FOR EXPENSES
- §12:1-850. Subpart definitions
- §12:1-851. Permissible indemnification
- §12:1-852. Mandatory indemnification
- §12:1-853. Advance for expenses
- §12:1-854. Court-ordered indemnification and advance for expenses
- §12:1-855. Determination and authorization of indemnification
- §12:1-856. Indemnification of officers
- §12:1-857. Insurance
- §12:1-858. Variation by corporate action; application of Subpart
- §12:1-859. Exclusivity of Subpart
SUBPART F. DIRECTORS' CONFLICTING INTEREST TRANSACTIONS
- §12:1-860. Subpart definitions
- §12:1-861. Judicial action
- §12:1-862. Directors' action
- §12:1-863. Shareholders' action
SUBPART G. BUSINESS OPPORTUNITIES
PART 9. DOMESTICATION AND CONVERSION
SUBPART A. PRELIMINARY PROVISIONS
SUBPART B. DOMESTICATION
- §12:1-920. Domestication
- §12:1-921. Action on a plan of domestication
- §12:1-922. Articles of domestication
- §12:1-923. Surrender of charter upon domestication
- §12:1-924. Effect of domestication
- §12:1-925. Abandonment of a domestication
SUBPART C. NONPROFIT CONVERSION
- §12:1-930. Nonprofit conversion
- §12:1-931. Action on a plan of nonprofit conversion
- §12:1-932. Articles of nonprofit conversion
- §12:1-933. Surrender of charter upon foreign nonprofit conversion
- §12:1-934. Effect of nonprofit conversion
- §12:1-935. Abandonment of a nonprofit conversion
SUBPART D. FOREIGN NONPROFIT
DOMESTICATION AND CONVERSION
- §12:1-940. Foreign nonprofit domestication and conversion
- §12:1-941. Articles of nonprofit domestication and conversion
- §12:1-942. Effect of foreign nonprofit domestication and conversion
- §12:1-943. Abandonment of a foreign nonprofit domestication and conversion
SUBPART E. ENTITY CONVERSION
- §12:1-950. Entity conversion authorized; definitions
- §12:1-951. Plan of entity conversion
- §12:1-952. Action on a plan of entity conversion
- §12:1-953. Articles of entity conversion
- §12:1-954. Surrender of charter upon conversion
- §12:1-955. Effect of entity conversion
- §12:1-956. Abandonment of an entity conversion
PART 10. AMENDMENT OF ARTICLES OF INCORPORATION AND BYLAWS
SUBPART A. AMENDMENT OF ARTICLES OF INCORPORATION
- §12:1-1001. Authority to amend
- §12:1-1002. Amendment before issuance of shares
- §12:1-1003. Amendment by board of directors and shareholders
- §12:1-1004. Voting on amendments by voting groups
- §12:1-1005. Amendment by board of directors
- §12:1-1006. Articles of amendment
- §12:1-1007. Restated articles of incorporation
- §12:1-1008. Amendment pursuant to reorganization
- §12:1-1009. Effect of amendment
SUBPART B. AMENDMENT OF BYLAWS
- §12:1-1020. Amendment by board of directors or shareholders
- §12:1-1021. Bylaw increasing quorum or voting requirement for directors
- §12:1-1022. Public corporation bylaw provisions relating to the election of directors
PART 11. MERGERS AND SHARE EXCHANGES
- §12:1-1101. Definitions
- §12:1-1102. Merger
- §12:1-1103. Share exchange
- §12:1-1104. Action on a plan of merger or share exchange
- §12:1-1105. Merger between parent and subsidiary or between subsidiaries
- §12:1-1106. Articles of merger or share exchange
- §12:1-1107. Effect of merger or share exchange
- §12:1-1108. Abandonment of a merger or share exchange
PART 12. DISPOSITION OF ASSETS
- §12:1-1201. Disposition of assets not requiring shareholder approval
- §12:1-1202. Shareholder approval of certain dispositions
PART 13. APPRAISAL RIGHTS
SUBPART A. RIGHT TO APPRAISAL AND PAYMENT FOR SHARES
- §12:1-1301. Definitions
- §12:1-1302. Right to appraisal
- §12:1-1303. Assertion of rights by nominees and beneficial shareholders
SUBPART B. PROCEDURE FOR EXERCISE
OF APPRAISAL RIGHTS
- §12:1-1320. Notice of appraisal rights
- §12:1-1321. Notice of intent to demand appraisal and consequences of voting or consenting
- §12:1-1322. Appraisal notice and form
- §12:1-1323. Perfection of rights and right to withdraw
- §12:1-1324. Payment
- §12:1-1325. After-acquired shares
- §12:1-1326. Procedure if shareholder dissatisfied with payment or offer
SUBPART C. JUDICIAL APPRAISAL OF SHARES
SUBPART D. OTHER REMEDIES
PART 14. DISSOLUTION
SUBPART A. VOLUNTARY DISSOLUTION
- §12:1-1401. [Reserved.]
- §12:1-1402. Dissolution by board of directors and shareholders
- §12:1-1403. Articles of dissolution
- §12:1-1404. Revocation of dissolution
- §12:1-1405. Effect of dissolution
- §12:1-1406. Known claims against dissolved corporation
- §12:1-1407. Other claims against dissolved corporation
- §12:1-1408. Court proceedings
- §12:1-1409. Responsibility of the board of directors
- §12:1-1410. Certain sections in Subpart A applicable to all dissolved corporations
- §12:1-1411. §§1-1411 – 1-1429 [Reserved]
- §12:1-1412. §12:1-1412
- §12:1-1413. §12:1-1413 [Reserved]
- §12:1-1414. §12:1-1414 [Reserved]
- §12:1-1415. §12:1-1415 [Reserved]
- §12:1-1416. §12:1-1416 [Reserved]
- §12:1-1417. §12:1-1417 [Reserved]
- §12:1-1418. §12:1-1418 [Reserved]
- §12:1-1419. §12:1-1419 [Reserved]
- §12:1-1420. §12:1-1420 [Reserved]
- §12:1-1421. §12:1-1421 [Reserved]
- §12:1-1422. §12:1-1422 [Reserved]
- §12:1-1423. §12:1-1423 [Reserved]
- §12:1-1424. §12:1-1424 [Reserved]
- §12:1-1425. §12:1-1425 [Reserved]
- §12:1-1426. §12:1-1426 [Reserved]
- §12:1-1427. §12:1-1427 [Reserved]
- §12:1-1428. §12:1-1428 [Reserved]
- §12:1-1429. §12:1-1429 [Reserved]
SUBPART C. JUDICIAL DISSOLUTION
- §12:1-1430. Grounds for judicial dissolution
- §12:1-1431. Procedure for judicial dissolution
- §12:1-1432. Appointment of receiver or liquidator
- §12:1-1433. Judgment of dissolution
- §12:1-1434. Election to purchase in lieu of dissolution
- §12:1-1435. Oppressed shareholder's right to withdraw
- §12:1-1436. Judicial determination of fair value and payment terms for withdrawing shareholder's shares
- §12:1-1437. Stay of duplicative proceedings
- §12:1-1438. Conversion of oppression proceeding into court-supervised dissolution
SUBPART D. TERMINATION AND REINSTATEMENT
- §12:1-1440. Articles of termination
- §12:1-1441. Simplified termination procedure for certain corporations
- §12:1-1442. Administrative termination
- §12:1-1443. Effective date and effects of termination
- §12:1-1444. Reinstatement of terminated corporation
- §12:1-1445. Appointment of liquidator for terminated corporation
- §12:1-1446. PART 15. FOREIGN CORPORATIONS §§1-1446 - 1-1600 [Reserved.]
PART 16. RECORDS AND REPORTS
SUBPART A. RECORDS
- §12:1-1601. Corporate records
- §12:1-1602. Inspection of records by shareholders
- §12:1-1603. Scope of inspection right
- §12:1-1604. Court-ordered inspection
- §12:1-1605. Inspection of records by directors
- §12:1-1606. Exception to notice requirement
SUBPART B. REPORTS
- §12:1-1620. Financial statements for shareholders
- §12:1-1621. Annual report for secretary of state
- §12:1-1622. Reporting obligation of corporation that contracts with the state
PART 17. TRANSITION PROVISIONS
- §12:1-1701. Application to existing domestic corporations
- §12:1-1702. Limited applicability to foreign corporations
- §12:1-1703. Saving provisions
- §12:1-1704. [Reserved.]
- §12:1-1705. Transition rule for reinstatement of a corporation with a revoked charter
- §12:2. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:2.1. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:2.2. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
PART II. INCORPORATION
- §12:21. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:22. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:23. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:24. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:25. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:25.1. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:26. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:27. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:28. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:29. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
PART III. AMENDMENT AND RESTATEMENT OF ARTICLES
- §12:31. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:32. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:33. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:34. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:35. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
PART IV. CORPORATE POWERS
- §12:41. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:42. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
PART V. SHARES
- §12:51. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:52. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:53. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:54. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:55. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:56. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:57. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:58. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:59. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
PART VI. CAPITAL, SURPLUS, DIVIDENDS
- §12:61. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:62. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:63. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
PART VII. SHAREHOLDERS
- §12:71. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:72. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:73. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:74. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:75. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:76. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:77. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:78. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:79. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
PART VIII. DIRECTORS AND OFFICERS
- §12:81. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:82. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:83. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:84. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
PART IX. LIABILITY OF DIRECTORS, OFFICERS,
SHAREHOLDERS AND SUBSCRIBERS
- §12:91. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:92. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:93. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:94. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:95. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:96. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
PART X. REPORTS, RECORDS, REGISTERED
OFFICE AND AGENTS
- §12:101. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:102. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:103. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:104. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
PART XI. MERGERS, CONSOLIDATIONS,
AND SHARE EXCHANGES
- §12:111. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:112. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:113. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:114. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:115. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:116. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:117. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
PART XII. TRANSFERS OF CORPORATE ASSETS
PART XIII. DISSENTING SHAREHOLDERS' RIGHTS,
FAIR PRICE PROTECTION, AND CONTROL
SHARE ACQUISITION
- §12:130. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:130.1. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:130.2. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:131. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:132. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:133. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:134. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:135. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:136. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:137. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:138. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:139. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:140. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:140.1. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:140.2. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:140.3. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
PART XIII-A. FOREIGN CORPORATIONS
- §12:140.11. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:140.12. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:140.13. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:140.14. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:140.15. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:140.16. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:140.17. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
PART XIV. DISSOLUTION
- §12:141. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:142. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:142.1. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:143. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:144. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:145. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:146. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:147. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:148. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:149. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
PART XV. RECEIVERS
- §12:151. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:152. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
PART XVI. OTHER PROCEEDINGS
- §12:161. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:162. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:163. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:164. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:165. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
PART XVII. GENERAL PROVISIONS
- §12:171. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:172. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:173. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:174. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:175. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:176. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:177. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:178. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
CHAPTER 2. NONPROFIT CORPORATION LAW
- §12:201. Terms defined
- §12:202. Incorporation
- §12:202.1. Limitation on formation; exceptions
- §12:203. Articles of incorporation
- §12:204. Corporate name
- §12:204.1. Corporate name restrictions
- §12:204.2. Naming of certain nonprofit corporations
- §12:205. Filing and recording articles; issuance and effect of certificate of incorporation; commencement of corporate existence
- §12:205.1. Annual report to secretary of state
- §12:206. Effect of filing or recording papers
- §12:207. General powers
- §12:208. Defense of ultra vires
- §12:209. Corporations not required to be non-stock corporations
- §12:210. Members, shareholders and certificates
- §12:211. Subscriptions for shares
- §12:212. Shareholders' preemptive rights
- §12:213. Issuance of shares; consideration
- §12:214. Reservation of shares
- §12:215. Convertible securities and stock-purchase rights
- §12:216. Redemption, purchase and cancellation of shares
- §12:217. Classes and qualifications of membership
- §12:218. Membership dues; assessments
- §12:219. Liability of subscribers and members
- §12:220. Reduction of membership below stated number
- §12:221. Capital, surplus, allocation thereto, and increases and reductions thereof
- §12:222. Bylaws
- §12:223. Corporate records and reports
- §12:224. Board of directors
- §12:225. Officers and agents
- §12:226. Relation of directors and officers to corporation and members; liability of officers and directors
- §12:227. Indemnification of officers, directors, employees and agents; insurance
- §12:228. Interested directors; quorum
- §12:229. Meetings of members
- §12:230. Notice of meetings of members
- §12:231. Quorum of members
- §12:232. Voting of members
- §12:233. Unanimous consent
- §12:234. Fixing record date
- §12:235. Voting trusts
- §12:236. Registered office and agent
- §12:237. Amendment of articles generally
- §12:237.1. Amendment of articles; special provision
- §12:238. Articles of amendment; contents; filing
- §12:239. Special amendment provisions
- §12:239.1. Certificate of correction
- §12:240. Reclassification of stock
- §12:241. Restatement of articles
- §12:242. Authorization for mergers and consolidations
- §12:243. Merger or consolidation procedure
- §12:244. Consolidation; articles of incorporation
- §12:245. When merger or consolidation effective
- §12:246. Effect of merger or consolidation
- §12:247. Voluntary transfer of assets
- §12:247.1. Change of jurisdiction of incorporation
- §12:248. Rights of a shareholder dissenting from certain corporate actions
- §12:249. Dissolution voluntary or involuntary, out of court or under judicial supervision; effect of proceeding for dissolution
- §12:250. Voluntary proceedings for dissolution; authorization; appointment of liquidators
- §12:250.1. Dissolution by affidavit
- §12:251. Involuntary proceedings for dissolution; grounds; institution; appointment of liquidator
- §12:252. Qualifications of liquidator; filling vacancies in the office of liquidator
- §12:253. Dissolution proceedings out of court; procedure; powers of liquidator
- §12:254. Dissolution proceedings under judicial supervision; procedure; powers of liquidator
- §12:255. Claims against corporation in liquidation; peremption
- §12:256. Certificate of dissolution; assets omitted from liquidation; post-dissolution proceedings
- §12:257. Termination of proceedings for dissolution
- §12:258. Appointment of receiver
- §12:259. Receivership procedure; powers of receiver
- §12:260. Compromise arrangements; reorganizations; approval and effect
- §12:261. Reorganization under Act of Congress
- §12:262. Action by the state to annul, vacate, or forfeit corporate franchise; suspension
- §12:262.1. Failure to file annual reports; revocation and reinstatement of articles; limitation on authority to do business with the state
- §12:263. Fees
- §12:264. Penalties
- §12:265. Application to existing corporations
- §12:266. Scope of Chapter
- §12:267. Effect of invalidity of part of Chapter; severability
- §12:268. Reservation of power
- §12:269. Short title
CHAPTER 3. FOREIGN CORPORATION LAW
- §12:301. Condition precedent to transacting business
- §12:302. Acts not considered transacting business
- §12:303. Name of authorized foreign corporation
- §12:304. Application for certificate of authority
- §12:305. Issuance of certificate of authority
- §12:306. Effect of certificate of authority
- §12:307. Amended certificate of authority
- §12:307.1. Certificate of correction by a foreign corporation
- §12:308. Registered agent; registered office; principal business establishment; keeping of records by foreign corporation
- §12:309. Annual report
- §12:310. Change of corporate name
- §12:311. Merger, consolidation, or dissolution
- §12:312. Withdrawal
- §12:312.1. Termination of withdrawal proceedings
- §12:313. Revocation of certificate of authority
- §12:314. Transacting business without authority
- §12:314.1. Authority to investigate; penalty
- §12:315. Penalties
- §12:316. Fees
- §12:317. Appointment of receiver
- §12:318. Pre-filing procedure
- §12:319. Definitions
- §12:320. Application to authorized corporations
- §12:321. Short title
CHAPTER 4. SPECIAL CORPORATIONS
PART I. ELECTRIC COOPERATIVES
- §12:401. Organization authorized
- §12:402. Terms defined
- §12:403. Powers
- §12:404. Name
- §12:405. Incorporators
- §12:406. Articles of incorporation
- §12:407. Bylaws
- §12:408. Members
- §12:409. Board of directors; elections
- §12:410. Districts
- §12:411. Officers
- §12:412. Amendment of articles of incorporation
- §12:413. Consolidation
- §12:414. Merger
- §12:415. Effect of consolidation or merger
- §12:416. Conversion of existing corporations
- §12:417. Initiative by members
- §12:417.1. Corporate records; disclosure; right of members to inspect
- §12:418. Dissolution
- §12:419. Filing of articles
- §12:420. Refunds to members
- §12:421. Disposition of property
- §12:422. Non-liability of members for debts of cooperative
- §12:423. Recordation of mortgages and conveyances
- §12:424. Waiver of notice
- §12:425. Taxation
- §12:426. Jurisdiction of the Public Service Commission
- §12:427. Securities law exemption
- §12:428. Acquisition of servitudes
- §12:429. Construction
- §12:430. Short title
- §12:430.1. Cooperatives; provision of broadband services; servitudes
- §12:430.2. Reporting on broadband high-speed internet access
PART I-A. PARTICULAR ELECTRIC COOPERATIVES
- §12:431. Repealed by Acts 2014, No. 132, §1, eff. May 22, 2014.
- §12:431.1. Repealed by Acts 2014, No. 132, §1, eff. May 22, 2014.
PART II. SEA FOOD MARKETING ASSOCIATIONS
- §12:441. Sea Food Marketing Associations authorized
- §12:442. Purpose of legislation
- §12:443. Terms defined
- §12:444. Persons who may organize
- §12:445. Activities in which association may engage
- §12:446. Powers of association
- §12:447. Members
- §12:448. Articles of association
- §12:449. Amendments to articles of association
- §12:450. Bylaws
- §12:451. General and special meetings; how called
- §12:452. Board of directors
- §12:453. Election of officers
- §12:454. Certificates of membership and shares of stock
- §12:455. Removal of officer or director
- §12:456. Referendum
- §12:457. Marketing contract
- §12:458. Breach of contract or of bylaws
- §12:459. Acquisitions of business, etc., and payment therefor
- §12:460. Conflicting laws not to apply
- §12:461. Limitation of use of term "co-operative"
- §12:462. Interest in other corporations or associations
- §12:463. Contracts and agreements with other associations
- §12:464. Existent associations may adopt the provisions of this Part
- §12:465. How similar foreign associations may carry on business in Louisiana
- §12:466. Breach of marketing contract and knowingly spreading false reports concerning finances and management
- §12:467. Not in restraint of trade
- §12:468. Repealed by Acts 1982, No. 526, §3, Aug. 11, 1982
- §12:469. Filing fees
- §12:470. Application of Chapter 1
- §12:471. Short title
PART III. ORTHODOX CHURCHES
- §12:481. Application of Part
- §12:482. Permission to incorporate
- §12:483. Certificate of incorporation; form and contents
PART IV. REAL ESTATE INVESTMENT TRUSTS
- §12:491. Real estate investment trusts authorized and defined
- §12:492. Qualification and restrictions and procedural rights
- §12:493. Name of Part
PART V. COOPERATIVE HOUSING CORPORATIONS
- §12:499.1. Short title; purpose
- §12:499.2. Application of chapter; amendment of articles of incorporation to comply with chapter
- §12:499.3. Definitions
- §12:499.4. Application of laws; conflict of laws
- §12:499.5. Articles of organization
- §12:499.6. Name
- §12:499.7. Power to make, amend, or repeal by-laws
- §12:499.8. Articles or by-laws
- §12:499.9. Net savings; apportionment
- §12:499.10. Termination of proprietary leases
- §12:499.11. Loans
- §12:499.12. Tax exemptions
- §12:499.13. Homestead exemption
CHAPTER 5. LOUISIANA UNINCORPORATED
ASSOCIATION ACT
- §12:501. Definitions
- §12:502. Supplementary general principles of law
- §12:503. Territorial application
- §12:504. Immovable and movable property; unincorporated association as legatee or beneficiary
- §12:505. Statement of authority as to immovable property
- §12:506. Liability in tort and contract
- §12:507. Capacity to assert and defend; standing
- §12:508. Effect of judgment or order
- §12:509. Disposition of movable property of inactive unincorporated association
- §12:510. Appointment of agent to receive service of process
- §12:511. Claim not abated by change
- §12:512. Dissolution of unincorporated association
- §12:513. Involuntary proceedings for dissolution and appointment of liquidator
- §12:514. Grounds for involuntary dissolution
- §12:515. Continuation of purpose
- §12:516. Disposition of assets
- §12:517. Short title
- §12:518. Uniformity of application and construction
- §12:519. Severability clause
- §12:520. Savings clause
CHAPTER 6. TRANSFER OF STOCK
PART I. IN GENERAL
- §12:601. Person in whose name certificate stands regarded as legal owner
- §12:602. Authority to transfer stock
- §12:603. Transfer to heirs or legatees of deceased stockholder; proof required
PART II. UNIFORM STOCK TRANSFER LAW
PART III. CLEARING CORPORATIONS
CHAPTER 7. FINANCING CORPORATE ACTIVITIES
- §12:701. Borrowing money; issuance of bonds; security
- §12:702. Mortgages executed by public utility corporations and cable television companies; description of property; recordation; effect
- §12:703. Rate of interest paid by corporations
- §12:704. Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001.
CHAPTER 8. PROFESSIONAL LAW CORPORATIONS
- §12:801. Terms defined
- §12:802. Professional corporations
- §12:803. The corporate name
- §12:804. Corporate authority
- §12:805. Shares
- §12:806. Certificate of stock
- §12:807. Liability of incorporators, subscribers, shareholders, directors, officers and agents
- §12:808. Action of shareholders
- §12:809. Shareholders' agreements
- §12:810. Directors
- §12:811. Officers and agents
- §12:812. Merger and consolidation
- §12:813. Dissolution
- §12:814. Certification of foreign professional law corporation
- §12:815. Regulation by Supreme Court
- §12:816. Short title
CHAPTER 9. PROFESSIONAL MEDICAL CORPORATIONS
- §12:901. Terms defined
- §12:902. Professional corporations
- §12:903. The corporate name
- §12:904. Corporate authority
- §12:905. Shares
- §12:906. Certificate of stock
- §12:907. Liability of incorporators, subscribers, shareholders, directors, officers and agents
- §12:908. Action of shareholders
- §12:909. Shareholders' agreements
- §12:910. Directors
- §12:911. Officers and agents
- §12:912. Merger and consolidation
- §12:913. Dissolution
- §12:914. Regulation by Louisiana State Board of Medical Examiners
- §12:915. Short title
CHAPTER 10. INDUSTRIAL OR ECONOMIC
DEVELOPMENT CORPORATIONS
- §12:951. Terms defined
- §12:952. Incorporators; articles of incorporation; approval
- §12:953. Powers
- §12:954. Acquisition and disposition of securities; evidences of indebtedness; stock; loans from members
- §12:955. Applications for membership; loans to corporation
- §12:956. Duration of membership; notice of withdrawal
- §12:957. Powers of stockholders and members; voting
- §12:958. Amendment of articles; certification of amendment
- §12:959. Officers; board of directors; responsibility for losses
- §12:960. Retention of earned surplus
- §12:961. Deposits
- §12:962. Annual audit
- §12:963. Initial meeting of incorporators; quorum
- §12:964. Duration of corporation
- §12:965. Dissolution; distribution of assets
- §12:966. Pledge of state credit prohibited
- §12:967. State development company; federal definition
- §12:968. Tax exemptions, credits and privileges applicable
- §12:969. License fees
- §12:970. Fiscal year
- §12:971. Applicability of Louisiana business corporation law
- §12:972. Savings clause
CHAPTER 11. PROFESSIONAL DENTAL CORPORATIONS
AND LIMITED LIABILITY COMPANIES
- §12:981. Terms defined
- §12:982. Professional corporations
- §12:982.1. Professional limited liability companies
- §12:983. Corporate and limited liability company name
- §12:984. Corporate and limited liability company authority
- §12:985. Shares
- §12:985.1. Members
- §12:986. Certificate of stock
- §12:986.1. Membership interest
- §12:987. Liability of incorporators, subscribers, shareholders, directors, officers and agents
- §12:987.1. Liability of holder of interest in a limited liability company
- §12:988. Action of shareholders
- §12:988.1. Action of holders of membership interest
- §12:989. Shareholders' agreements
- §12:989.1. Membership ownership agreements
- §12:990. Directors
- §12:991. Officers and agents
- §12:992. Merger and consolidation
- §12:993. Dissolution
- §12:994. Regulation by Louisiana State Board of Dentistry
- §12:995. Short title
CHAPTER 12. PROFESSIONAL ACCOUNTING CORPORATIONS
- §12:1011. Terms defined
- §12:1012. Professional corporations
- §12:1013. The corporate name
- §12:1014. Repealed by Acts 2000, 1st Ex. Sess., No. 30, §2, eff. April 14, 2000.
- §12:1015. Shares
- §12:1016. Certificate of stock
- §12:1017. Liability of incorporators, subscribers, shareholders, directors, officers, and agents
- §12:1018. Actions of shareholders
- §12:1019. Shareholders agreements
- §12:1020. Directors
- §12:1021. Officers and agents
- §12:1022. Repealed by Acts 2000, 1st Ex. Sess., No. 30, §2, eff. April 14, 2000.
- §12:1023. Dissolution
- §12:1024. Regulation by state board of certified public accountants of Louisiana
- §12:1025. Short title
CHAPTER 13. MISCELLANEOUS PROVISIONS APPLICABLE
TO MORE THAN ONE KIND OF CORPORATION
- §12:1041. Suppression of criminally operated businesses by domestic and foreign corporations; proceedings
- §12:1042. Franchise agreements; provisions for dispute resolution
CHAPTER 14. PROFESSIONAL CHIROPRACTIC CORPORATIONS
- §12:1051. Terms defined
- §12:1052. Professional corporations
- §12:1053. The corporate name
- §12:1054. Corporate authority
- §12:1055. Shares
- §12:1056. Certificate of stock
- §12:1057. Liability of incorporators, subscribers, shareholders, directors, officers and agents
- §12:1058. Action of shareholders
- §12:1059. Shareholders' agreements
- §12:1060. Directors
- §12:1061. Officers and agents
- §12:1062. Merger and consolidation
- §12:1063. Dissolution
- §12:1064. Regulation by Louisiana State Board of Chiropractic Examiners
- §12:1065. Short title
CHAPTER 15. PROFESSIONAL NURSING CORPORATIONS
- §12:1071. Terms defined
- §12:1072. Professional corporations
- §12:1073. The corporate name
- §12:1074. Corporate authority
- §12:1075. Shares
- §12:1076. Certificate of stock
- §12:1077. Liability of incorporators, subscribers, shareholders, directors, officers and agents
- §12:1078. Action of shareholders
- §12:1079. Shareholders' agreements
- §12:1080. Directors
- §12:1081. Officers and agents
- §12:1082. Merger and consolidation
- §12:1083. Dissolution
- §12:1084. Regulation by Louisiana State Board of Nursing
- §12:1085. Short title
CHAPTER 16. PROFESSIONAL ARCHITECTURAL
CORPORATIONS
- §12:1086. Terms defined
- §12:1087. Professional corporation
- §12:1088. Corporate name
- §12:1089. Corporate authority
- §12:1090. Shares
- §12:1091. Certificate of stock
- §12:1092. Liability of incorporators, subscribers, shareholders, directors, officers, and agents
- §12:1093. Action of shareholders
- §12:1094. Shareholders' agreements
- §12:1095. Directors
- §12:1096. Officers
- §12:1097. Contracts
- §12:1098. Merger and consolidation
- §12:1099. Dissolution
- §12:1100. Regulation by Louisiana State Board of Architectural Examiners
- §12:1101. Short title
CHAPTER 17. PROFESSIONAL OPTOMETRY CORPORATIONS
- §12:1110. Terms defined
- §12:1111. Professional corporations
- §12:1112. Corporate name
- §12:1113. Corporate authority
- §12:1114. Shares
- §12:1115. Certificate of stock
- §12:1116. Liability of incorporators, subscribers, shareholders, directors, officers or agents
- §12:1117. Action of shareholders
- §12:1118. Shareholders' agreements
- §12:1119. Directors
- §12:1120. Officers and agents
- §12:1121. Merger and consolidation
- §12:1122. Dissolution
- §12:1123. Regulation by Louisiana State Board of Optometry
- §12:1124. Short title
CHAPTER 18. PROFESSIONAL PSYCHOLOGY CORPORATIONS
- §12:1130. Terms defined
- §12:1131. Professional corporations
- §12:1132. The corporate name
- §12:1133. Corporate authority
- §12:1134. Shares
- §12:1135. Certificate of stock
- §12:1136. Liability of incorporators, subscribers, shareholders, directors, officers and agents
- §12:1137. Action of shareholders
- §12:1138. Shareholders' agreements
- §12:1139. Directors
- §12:1140. Officers and agents
- §12:1141. Merger and consolidation
- §12:1142. Dissolution
- §12:1143. Regulation by the Louisiana State Board of Examiners of Psychologists
- §12:1144. Short title
CHAPTER 19. PROFESSIONAL VETERINARY
MEDICINE CORPORATIONS
- §12:1151. Terms defined
- §12:1152. Professional corporations
- §12:1153. The corporate name
- §12:1154. Corporate authority
- §12:1155. Shares
- §12:1156. Certificate of stock
- §12:1157. Liability of incorporators, subscribers, shareholders, directors, officers and agents
- §12:1158. Action of shareholders
- §12:1159. Shareholders' agreements
- §12:1160. Directors
- §12:1161. Officers and agents
- §12:1162. Merger and consolidation
- §12:1163. Dissolution
- §12:1164. Regulation by Louisiana Board of Veterinary Medicine
- §12:1165. Short title
CHAPTER 20. ARCHITECTURAL-ENGINEERING CORPORATIONS
- §12:1171. Terms defined
- §12:1172. Corporate name
- §12:1173. Corporate authority
- §12:1174. Directors, officers, and agents; liability
- §12:1175. Shareholders' agreements
- §12:1176. Directors
- §12:1177. Officers
- §12:1178. Contracts
- §12:1179. Regulation
- §12:1180. Compliance by existing corporation
- §12:1181. Short title
CHAPTER 21. PROFESSIONAL OCCUPATIONAL
THERAPY CORPORATIONS
- §12:1190. Terms defined
- §12:1191. Professional corporations
- §12:1192. Corporate name
- §12:1193. Corporate authority
- §12:1194. Shares
- §12:1195. Certificate of stock
- §12:1196. Liability of incorporators, subscribers, shareholders, directors, officers, and agents
- §12:1197. Action of shareholders
- §12:1198. Shareholders' agreements
- §12:1199. Directors
- §12:1200. Officers and agents
- §12:1201. Merger and consolidation
- §12:1202. Dissolution
- §12:1203. Regulation by Louisiana State Board of Medical Examiners
- §12:1204. Short title
CHAPTER 22. LIMITED LIABILITY COMPANIES
PART I. DEFINITIONS
PART II. FORMATION
- §12:1302. Purpose
- §12:1303. Powers
- §12:1304. Formation
- §12:1305. Articles of organization; initial report
- §12:1306. Name
- §12:1307. Reservation of name; transfer of reserved name
- §12:1308. Registered office and registered agent
- §12:1308.1. Annual report
- §12:1308.2. Failure to file annual report; revocation and reinstatement of articles; limitation on authority to do business with the state
- §12:1308.3. Conversion of state of organization
- §12:1309. Amendment of articles of organization
- §12:1310. Certificates of correction
- §12:1310.1. Retroactivity of company's existence; acquisition of immovable property prior to limited liability company's existence
PART III. MANAGEMENT AND MANAGEMENT
RIGHTS OF MEMBERS
- §12:1311. Management by members
- §12:1312. Managers
- §12:1313. Election and removal of managers
- §12:1314. Duties of members and managers
- §12:1315. Limitation of liability and indemnification of members and managers
- §12:1316. Voting by managers
- §12:1317. Agency power of managers or members
- §12:1317.1. Company representation; state entities
- §12:1318. Voting rights of members
- §12:1319. Records and information
- §12:1320. Liability to third parties of members and managers
PART IV. FINANCE
- §12:1321. Contributions to capital
- §12:1322. Liability for contribution
- §12:1323. Sharing of profits and losses
PART V. DISTRIBUTIONS
- §12:1324. Interim distributions
- §12:1325. Distributions upon withdrawal
- §12:1326. Distribution in kind
- §12:1327. Restrictions on making distributions
- §12:1328. Liability upon wrongful distribution
PART VI. ASSIGNMENT OF MEMBERSHIP INTERESTS
- §12:1329. Nature of membership interest
- §12:1330. Assignment of membership interest
- §12:1331. Rights of judgment creditor
- §12:1332. Right of assignee to become a member
- §12:1333. Powers of estate of a deceased or incompetent member
- §12:1333.1. Single-member limited liability company; powers of the estate succession representative
PART VII. DISSOLUTION
- §12:1334. Dissolution
- §12:1335. Judicial dissolution
- §12:1335.1. Dissolution by affidavit
- §12:1336. Winding up
- §12:1337. Distribution of assets
- §12:1338. Claims against limited liability company in liquidation; peremption
- §12:1339. Articles of dissolution
- §12:1340. Certificate of dissolution; assets omitted from liquidation; post-dissolution proceedings
- §12:1341. Liability of members of dissolved limited liability companies
PART VIII. FOREIGN LIMITED LIABILITY COMPANIES
- §12:1342. Admission of foreign limited liability company
- §12:1343. Transactions not constituting transacting business
- §12:1344. Name of authorized foreign limited company
- §12:1345. Application for certificate of authority
- §12:1346. Issuance of certificate of authority
- §12:1347. Effect of certificate of authority
- §12:1348. Amended certificate of authority
- §12:1349. Certificate of correction by a foreign limited liability company
- §12:1350. Registered agent; registered office; principal business establishment; keeping of records by foreign limited liability company
- §12:1350.1. Annual report
- §12:1351. Withdrawal
- §12:1352. Termination of withdrawal proceedings
- §12:1353. Revocation or suspension of certificate of authority; limitation on authority to do business with the state
- §12:1354. Transacting business without authority
- §12:1355. Authority to investigate; penalty
- §12:1356. Repealed by Acts 2017, No. 367, §3.
PART IX. MERGER
- §12:1357. Merger or consolidation
- §12:1358. Agreement of merger or consolidation
- §12:1359. Approval of merger or consolidation
- §12:1360. Certificate of merger or consolidation
- §12:1361. Effects of merger or consolidation
- §12:1362. Merger or consolidation with foreign entity
PART X. MISCELLANEOUS
- §12:1363. Revocation and reinstatement of articles; limitation on authority to do business within the state
- §12:1364. Filing, service, and copying fees
- §12:1365. Derivative actions
- §12:1366. Applicability of provisions to foreign and interstate commerce
- §12:1367. Rules of construction
- §12:1368. Taxation
- §12:1369. Short title
- §12:1370. Voting trusts
CHAPTER 23. PROFESSIONAL SOCIAL WORK CORPORATIONS
- §12:1400. Terms defined
- §12:1401. Professional corporations
- §12:1402. The corporate name
- §12:1403. Corporate authority
- §12:1404. Shares
- §12:1405. Certificate of stock
- §12:1406. Liability of incorporators, subscribers, shareholders, directors, officers and agents
- §12:1407. Action of shareholders
- §12:1408. Shareholders' agreements
- §12:1409. Directors
- §12:1410. Officers and agents
- §12:1411. Merger and consolidation
- §12:1412. Dissolution
- §12:1413. Regulation by the Louisiana State Board of Social Work Examiners
- §12:1414. Short title
CHAPTER 24. PRESCRIPTIVE PERIODS APPLICABLE
TO BUSINESS ORGANIZATIONS
CHAPTER 25. CONVERSIONS OF BUSINESS ORGANIZATIONS
- §12:1601. Conversion of domestic business entities
- §12:1602. Definitions
- §12:1603. Tax filing requirements
- §12:1604. Continuation and updating of professional or other license
- §12:1605. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:1606. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
- §12:1607. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.
CHAPTER 26. PROVISIONS APPLICABLE TO MORE THAN
ONE KIND OF BUSINESS ORGANIZATION
- §12:1701. Filing Methods
- §12:1702. Confidentiality of information
- §12:1703. Electronic notification of status changes
- §12:1704. Judicial review; removal of officers, members, managers, and partners
CHAPTER 27. BENEFIT CORPORATIONS
PART I. PRELIMINARY PROVISIONS
- §12:1801. Short title
- §12:1802. Application and effect of Chapter
- §12:1803. Definitions
- §12:1804. Election of status; corporate name
- §12:1805. Termination of status
PART II. CORPORATE PURPOSES
PART III. ACCOUNTABILITY
- §12:1821. Standard of conduct for directors
- §12:1822. Benefit director
- §12:1823. Standard of conduct for officers
- §12:1824. Benefit officer
- §12:1825. Right of action
PART IV. TRANSPARENCY
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