{"data":{"id":"us-la/rs-12-1811","jurisdiction":"us-la","citation":"RS 12:1811","heading":"Corporate purposes","body":"A. A benefit corporation shall have a purpose of creating a general public benefit. This purpose is in addition to its purpose as described in R.S. 12:1-201 et seq.\nB. The articles of a benefit corporation may identify one or more specific public benefits that it is the purpose of the benefit corporation to create in addition to its purposes under R.S. 12:1-201 et seq. and Subsection A of this Section. The identification of a specific public benefit under this Subsection shall not limit the obligation of a benefit corporation under Subsection A of this Section.\nC. The creation of a general public benefit and specific public benefit under Subsections A and B of this Section is in the best interests of the benefit corporation.\nD. A benefit corporation may amend its articles to add, amend, or delete the identification of a specific public benefit that it is the purpose of the benefit corporation to create. In order to be effective, the amendment shall be adopted by at least the minimum vote.\nE. A professional corporation that is a benefit corporation shall not be deemed in violation of R.S. 12:804, 904, 984, 1054, 1074, 1089, 1113, 1133, 1154, 1193, or 1403 by having the purpose to create general public benefit or a specific public benefit.","path":["TITLE 12. CORPORATIONS AND ASSOCIATIONS","PART II. CORPORATE PURPOSES"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=814565","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:51:17Z","sha256":"b485878ce4f6f5984b909f818c7e8638a80567636fdbbdce94d7528a74af8aeb","source_id":"us-la","stale":false,"prev":"us-la/rs-12-1805","next":"us-la/rs-12-1821"},"notice":"GroundRules: Original legal text. Not legal advice."}
