---
urn: urn:us-la:rs:12:1020
citation: "R.S. 12:1020"
status: active
breadcrumb: "Title 12 › Chapter 12"
acts_citations:
  - { year: 1970, number: 191, section: 1, effective_date: null, role: enactment }
---

# Directors

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.