{
  "urn": "urn:us-la:rs:12:964",
  "title_number": "12",
  "section_number": "964",
  "citation": "R.S. 12:964",
  "heading": "Duration of corporation",
  "text": "The period of duration of the corporation shall be fifty years, subject, however, to the right of the stockholders and the members to dissolve the corporation prior to the expiration of said period as provided in R.S. 12:965.",
  "status": "active",
  "hierarchy_path": [
    {
      "level": "title",
      "number": "12",
      "name": "CORPORATIONS AND ASSOCIATIONS"
    },
    {
      "level": "chapter",
      "number": "10",
      "name": "INDUSTRIAL OR ECONOMIC DEVELOPMENT CORPORATIONS"
    }
  ],
  "breadcrumb": "Title 12 › Chapter 10",
  "acts_citations": [
    {
      "act_year": 1969,
      "act_number": 49,
      "section": 14,
      "effective_date": null,
      "effective_date_raw": null,
      "role": "enactment"
    }
  ],
  "acts_citations_raw": "Acts 1969, No. 49, §14.",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=76675",
  "website_law_id": 76675,
  "scrape_timestamp": "2026-05-22T21:50:01Z",
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}