La. Corporations and Associations § 12:1080

Current with changes from the 2024 Legislative Session

Section 12:1080 - Directors

Only voting shareholders 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.

La. Corporations and Associations § 12:1080

Added by Acts 1977, No. 730, §1.

Added by Acts 1977, No. 730, §1.