{"data":{"id":"us-la/rs-12-1-804","jurisdiction":"us-la","citation":"RS 12:1-804","heading":"Election of directors by certain classes of shareholders","body":"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.","path":["TITLE 12. CORPORATIONS AND ASSOCIATIONS"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=920297","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:50:52Z","sha256":"716b5e1142209c6ccd3aa5d18b093275253fcb1ea233c9d09866bfeb01fd4ac7","source_id":"us-la","stale":false,"prev":"us-la/rs-12-1-803","next":"us-la/rs-12-1-805"},"notice":"GroundRules: Original legal text. Not legal advice."}
