Louisiana Statutes
§ 12:956 — Duration of membership; notice of withdrawal
Louisiana·Title 12 Conservation of Cultural Resources
Membership in the corporation shall be for the duration of the corporation; provided that upon written notice given to the corporation five years in advance, a member may withdraw from membership in the corporation at the expiration date of such notice.
A member shall not be obligated to make any loans to the corporation pursuant to calls made subsequent to notice of the intended withdrawal of said member.
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Louisiana § 12:956 (Duration of membership; notice of withdrawal) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1969, No. 49, §6.
Nearby Sections
15
§ 12:901
§ 12:901§ 12:902
Professional corporations§ 12:903
The corporate name§ 12:904
Corporate authority§ 12:905
Shares§ 12:906
Certificate of stock§ 12:908
Action of shareholders§ 12:909
Shareholders' agreements§ 12:91
§ 12:91§ 12:910
Directors§ 12:911
Officers and agents§ 12:912
Merger and consolidation§ 12:913
Dissolution