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Louisiana · Through 2025 First Extraordinary Session

RS 12:1-804: Election of directors by certain classes of shareholders

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Where this section sits in the code
  1. TITLE 12. CORPORATIONS AND ASSOCIATIONS

If the articles of incorporation authorize dividing the shares into classes, the articles may also authorize the election of all or a specified number of directors by the holders of one or more authorized classes of shares. A class, or classes, of shares entitled to elect one or more directors is a separate voting group for purposes of the election of directors.

Collected 2026-09-14T04:50:52Z. Source file · JSON

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