---
urn: urn:us-la:rs:22:61
citation: "R.S. 22:61"
status: active
breadcrumb: "Title 22 › Chapter 2 › Part I › Subpart A"
acts_citations:
  - { year: 1958, number: 125, section: None, effective_date: null, role: enactment }
  - { year: 2009, number: 503, section: 1, effective_date: null, role: amendment }
---

# Incorporators

Five or more natural persons of full age, or fully relieved by emancipation of all disabilities attaching to minority, who are citizens of the United States and a majority of whom are residents of this state, may form a corporation for the purpose of transacting any class or classes of insurance permitted under this Code as a stock or mutual company.