Usufruct
R.S. 12:1020

Directors ACTIVE

Only voting shareholders may be directors. If there are fewer than three voting shareholders, there need be only as many directors as voting shareholders. The office of a director shall become vacant if he ceases to be a voting shareholder.

Actions

JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

  • enactment Acts 1970, No. 191, §1

Section navigation

Cite R.S. 12:1020

Bluebook
La. Rev. Stat. Ann. § 12:1020 (2026).
Permalink
https://theusufruct.com/rs/title-12/section-1020
BibTeX
@misc{larevstat-12-1020,
  title        = {La. Rev. Stat. Ann. § 12:1020},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-12/section-1020},
  note         = {Snapshot 2026-05-22}
}