§ 12:250.1 — Dissolution by affidavit

Louisiana § 12:250.1

• Jurisdiction: Louisiana
• Title 12: Conservation of Cultural Resources

Text

§250.1. Dissolution by affidavit
A.(1) In addition to all other methods of dissolution, if the corporation is not doing
business and owes no debts, it may be dissolved by filing an affidavit with the secretary of
state executed by the shareholders or by the incorporator if no shares have been issued,
attesting to such facts and requesting that the corporation be dissolved. Thereafter, the
shareholders or the incorporator if no shares have been issued shall be personally liable for
any debts or claims, if any, against the corporation in proportion to their ownership in the
shares of the corporation.
(2) The secretary of state may prescribe and furnish forms for the affidavit.
B. The secretary of state shall reinstate a corporation which has been dissolved
pursuant to this Section only upon receipt of a court order directing him to so reinstate the
corporation.
C. Notwithstanding any other provision of this Chapter to the contrary, a voluntary
proceeding for dissolution by affidavit pursuant to Subsection A of this Section may be
commenced upon authorization of a majority vote of members meeting and acting pursuant
to R.S. 12:230(C), 231(3), and 237(H). The authorization for dissolution by affidavit shall
then proceed pursuant to the subsequent procedural steps provided for in this Section which
are not in conflict herewith.

Legislative History

Acts 1984, No. 391, §1, eff. July 6, 1984; Acts 1989, No. 142, §1; Acts 1995, No. 465, §1; Acts 2019, No. 19, §2, eff. May 28, 2019.