La. Corporations and Associations § 12:266

Current with operative changes from the 2024 Third Special Legislative Session

Section 12:266 - Scope of Chapter

This Chapter does not apply to:

(1) Any corporation organized for any purpose involving pecuniary profit or gain to its shareholders or members, or which pays dividends or similar pecuniary remuneration;

(2) Co-operative marketing or credit associations or corporations organized under the provisions of Title 3;

(3) Any corporation transacting any type of insurance business; or

(4) Foreign corporations, whether business or nonprofit, except where reference is made to such corporations.

La. Corporations and Associations § 12:266

Acts 1968, No. 105, §1.

Acts 1968, No. 105, §1.