{"data":{"id":"us-la/rs-12-1-1022","jurisdiction":"us-la","citation":"RS 12:1-1022","heading":"Public corporation bylaw provisions relating to the election of directors","body":"A. Unless the articles of incorporation specifically prohibit the adoption of a bylaw pursuant to this Section, alter the vote specified in R.S. 12:1-728(A), or provide for cumulative voting, a public corporation may elect in its bylaws to provide a means for a shareholder to vote against the election of an individual to serve as a director and, notwithstanding a director's election by plurality vote, to limit the term or require the resignation of any director who receives more votes against than for his or her election.\nB. The expiration of a limited term, or the resignation of a director, pursuant to a bylaw authorized by this Section creates a vacancy that is governed by R.S. 12:1-810.\nC. A bylaw authorized by this Section may be repealed by either of the following:\n(1) If originally adopted by the shareholders, only by the shareholders, unless the bylaw otherwise provides.\n(2) If adopted by the board of directors, by the board of directors or the shareholders.","path":["TITLE 12. CORPORATIONS AND ASSOCIATIONS"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=920390","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:50:53Z","sha256":"4f2c042650e9900341d094edaba5a72b80fde9524b823531ef2bbda56f6d6f48","source_id":"us-la","stale":false,"prev":"us-la/rs-12-1-1021","next":"us-la/rs-12-1-1101"},"notice":"GroundRules: Original legal text. Not legal advice."}