{
  "urn": "urn:us-la:rs:12:1060",
  "title_number": "12",
  "section_number": "1060",
  "citation": "R.S. 12:1060",
  "heading": "Directors",
  "text": "Only shareholders may be directors. If there are fewer than three shareholders, there need be only as many directors as shareholders. The office of a director shall become vacant if he ceases to be a shareholder.",
  "status": "active",
  "hierarchy_path": [
    {
      "level": "title",
      "number": "12",
      "name": "CORPORATIONS AND ASSOCIATIONS"
    },
    {
      "level": "chapter",
      "number": "14",
      "name": "PROFESSIONAL CHIROPRACTIC CORPORATIONS"
    }
  ],
  "breadcrumb": "Title 12 › Chapter 14",
  "acts_citations": [
    {
      "act_year": 1976,
      "act_number": 686,
      "section": 1,
      "effective_date": null,
      "effective_date_raw": null,
      "role": "enactment"
    }
  ],
  "acts_citations_raw": "Added by Acts 1976, No. 686, §1.",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=76129",
  "website_law_id": 76129,
  "scrape_timestamp": "2026-05-22T21:50:15Z",
  "source_html_hash": "sha256:b95d652a27c434a1bdfbebb2dafcfa82a9e67a5943b6aa107cb76b446d310e75",
  "schema_version": "1.0.0"
}