{
  "urn": "urn:us-la:rs:12:1020",
  "title_number": "12",
  "section_number": "1020",
  "citation": "R.S. 12:1020",
  "heading": "Directors",
  "text": "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.",
  "status": "active",
  "hierarchy_path": [
    {
      "level": "title",
      "number": "12",
      "name": "CORPORATIONS AND ASSOCIATIONS"
    },
    {
      "level": "chapter",
      "number": "12",
      "name": "PROFESSIONAL ACCOUNTING CORPORATIONS"
    }
  ],
  "breadcrumb": "Title 12 › Chapter 12",
  "acts_citations": [
    {
      "act_year": 1970,
      "act_number": 191,
      "section": 1,
      "effective_date": null,
      "effective_date_raw": null,
      "role": "enactment"
    }
  ],
  "acts_citations_raw": "Added by Acts 1970, No. 191, §1.",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=76110",
  "website_law_id": 76110,
  "scrape_timestamp": "2026-05-22T21:50:11Z",
  "source_html_hash": "sha256:a7627b37c029b6fe89170f957d2c6d2106cc83355f6820dccd1af87b6a36f1cd",
  "schema_version": "1.0.0"
}