Louisiana Statutes
§ 12:1060 — Directors
Louisiana·Title 12 Conservation of Cultural Resources
Only shareholders may be directors. If there are fewer than three shareholders, there need be only as many directors as shareholders. The office of a director shall become vacant if he ceases to be a shareholder.
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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