Usufruct
R.S. 12:1802

Application and effect of Chapter ACTIVE

A. This Chapter shall apply to all benefit corporations.

B. The existence of a provision of this Chapter shall not of itself create an implication that a contrary or different rule of law is applicable to a business corporation that is not a benefit corporation. This Chapter shall not affect a statute or rule of law that is applicable to a business corporation that is not a benefit corporation.

C. Except as otherwise provided in this Chapter, the Business Corporation Law, R.S. 12:1 et seq., shall be generally applicable to all benefit corporations. The specific provisions of this Chapter shall control over the general provisions of the Business Corporation Law. A benefit corporation may be simultaneously subject to this Chapter and one or more other Chapters within this Title.

D. A provision of the articles or bylaws of a benefit corporation shall not relax, be inconsistent with, or supersede a provision of this Chapter.

Actions

JSON Markdown Source (legis.la.gov)

References

Cited by

None.

History

  • enactment Acts 2012, No. 442, §1

Section navigation

Cite R.S. 12:1802

Bluebook
La. Rev. Stat. Ann. § 12:1802 (2026).
Permalink
https://theusufruct.com/rs/title-12/section-1802
BibTeX
@misc{larevstat-12-1802,
  title        = {La. Rev. Stat. Ann. § 12:1802},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-12/section-1802},
  note         = {Snapshot 2026-05-22}
}