Louisiana Statutes
§ 12:1055 — Shares
Louisiana·Title 12 Conservation of Cultural Resources
§1055. Shares
A.There shall be only one class of shares of a professional chiropractic
corporation, denominated common shares which shall be either with or without
par value.
B.A shareholder who is a natural person duly licensed to practice
chiropractic in this state, and who holds his shares in his own right, shall be
entitled to vote his shares, and to participate in the corporation's earnings. Any
other shareholder shall have no voting rights for any purpose directly related
to the practice of chiropractic by the corporation.
C.R.S. 12:78 shall not apply to professional chiropractic corporations.
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Legislative History
Added by Acts 1976, No. 686, §1.
Nearby Sections
15
§ 12:101
§ 12:101§ 12:1011
§ 12:1011§ 12:1012
Professional corporations§ 12:1013
The corporate name§ 12:1015
Shares§ 12:1016
Certificate of stock§ 12:1018
Actions of shareholders§ 12:1019
Shareholders agreements§ 12:1020
Directors§ 12:1021
Officers and agents§ 12:1023
Dissolution