Only voting shareholders, or voting shareholders of another professional medical corporation, 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.
R.S. 12:910 active rs title
Directors ACTIVE
Actions
References
None.
Cited by
None.
History
- enactment Acts 1968, No. 27, §1
- amendment Acts 1979, No. 172, §2