{"data":{"id":"us-la/rs-12-1-1020","jurisdiction":"us-la","citation":"RS 12:1-1020","heading":"Amendment by board of directors or shareholders","body":"A. A corporation's shareholders may amend or repeal the corporation's bylaws.\nB. A corporation's board of directors may adopt, amend, or repeal the corporation's bylaws, unless either of the following conditions exist:\n(1) The articles of incorporation, R.S. 12:1-1021 or, if applicable, R.S. 12:1-1022 reserve that power exclusively to the shareholders in whole or part.\n(2) The shareholders in amending, repealing, or adopting a bylaw expressly provide that the board of directors may not amend, repeal, or reinstate that bylaw.","path":["TITLE 12. CORPORATIONS AND ASSOCIATIONS","SUBPART B. AMENDMENT OF BYLAWS"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=920388","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:50:53Z","sha256":"46132dc9e96c0cf8ad3c958a5ee601bf904f1a07ec1f1c923ef329de216dca9b","source_id":"us-la","stale":false,"prev":"us-la/rs-12-1-102","next":"us-la/rs-12-1-1021"},"notice":"GroundRules: Original legal text. Not legal advice."}