Usufruct
R.S. 12:1016

Certificate of stock ACTIVE

A. Each certificate of stock shall contain the corporation's full name.

B. Each certificate of stock shall contain reference to any and all agreements among the corporation's voting shareholders made pursuant to R.S. 12:1019.

C. There shall be no provision for compulsory offer of shares for purchases by or sale to the corporation, and, except as provided in R.S. 12:71, no restriction upon the transfer of shares, unless, in either event, such provision or restriction is stated or summarized on the certificate representing the shares.

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History

  • enactment Acts 1970, No. 191, §1
  • amendment Acts 2000, No. 30, §1, eff. April 14, 2000

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Cite R.S. 12:1016

Bluebook
La. Rev. Stat. Ann. § 12:1016 (2026).
Permalink
https://theusufruct.com/rs/title-12/section-1016
BibTeX
@misc{larevstat-12-1016,
  title        = {La. Rev. Stat. Ann. § 12:1016},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-12/section-1016},
  note         = {Snapshot 2026-05-22}
}