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Form a Business

Corporate records; disclosure; right of members to inspect

La. R.S. 12:417.1
in effect
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12:417.1. Corporate records; disclosure; right of members to inspect A cooperative shall maintain for inspection by any member of the cooperative or his attorney during regular office hours every contract or agreement of a value in an amount in excess of fifteen thousand dollars. Each person or legal entity which is a party to any such contract or agreement with a cooperative shall submit a sworn statement disclosing any business or personal relationship which exists with a director or officer of that cooperative. The sworn statement shall be attached to all such contracts or agreements. Added by Acts 1983, No. 636, §1, eff. July 19, 1983.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=76519Fetched: 10/20/2026

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