R.S. 12:963

Initial meeting of incorporators; quorum ACTIVE

The first meeting of the corporation shall be called by a notice signed by three or more of the incorporators, stating the time, place, and purpose of the meeting, a copy of which notice shall be mailed or delivered to each incorporator at least five days before the day appointed for the meeting. Said first meeting may be held without such notice upon agreement in writing to that effect, signed by all the incorporators. There shall be recorded in the minutes of the meeting a copy of said notice or of such unanimous agreement of the incorporators.

At such first meeting, the incorporators shall organize by the choice, by ballot, of a temporary clerk; by the adoption of bylaws; by the election by ballot of directors; and by action upon such other matters within the powers of the corporation as the incorporators may see fit. The temporary clerk shall be sworn and shall make and attest a record of the proceedings. Ten of the incorporators shall be a quorum for the transaction of business.

Actions

References

None.

Cited by

None.

History

  • enactment Acts 1969, No. 49, §13

Section navigation

Cite R.S. 12:963

Bluebook
La. Rev. Stat. Ann. § 12:963 (2026).
Permalink
https://theusufruct.com/rs/title-12/section-963
BibTeX
@misc{larevstat-12-963,
  title        = {La. Rev. Stat. Ann. § 12:963},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-12/section-963},
  note         = {Snapshot 2026-05-22}
}