Usufruct
R.S. 12:1313

Election and removal of managers ACTIVE

If management is vested in one or more managers pursuant to R.S. 12:1312, then, unless otherwise provided in the articles of organization or an operating agreement:

(1) Election of managers to fill initial positions or vacancies shall be by plurality vote of the members.

(2) Any or all managers may be removed by a vote of a majority of the members, with or without cause, at a meeting called expressly for that purpose.

Actions

JSON Markdown Source (legis.la.gov)

References

Cited by

None.

History

  • enactment Acts 1992, No. 780, §2, eff. July 7, 1992

Section navigation

Cite R.S. 12:1313

Bluebook
La. Rev. Stat. Ann. § 12:1313 (2026).
Permalink
https://theusufruct.com/rs/title-12/section-1313
BibTeX
@misc{larevstat-12-1313,
  title        = {La. Rev. Stat. Ann. § 12:1313},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-12/section-1313},
  note         = {Snapshot 2026-05-22}
}