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Form a Business

Right of action

La. R.S. 12:1825
in effect
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12:1825. Right of action A. The duties of directors and officers under this Chapter and the general public benefit purpose and any specific public benefit purpose of a benefit corporation may be enforced only in accordance with this Section in a benefit enforcement proceeding, and no person shall bring an action or assert a claim against a benefit corporation. B. A benefit enforcement proceeding shall be commenced or maintained only directly by the benefit corporation or derivatively by one of the following parties: (1) A shareholder. (2) A benefit director. (3) Other persons as specified in the articles or bylaws of the benefit corporation. Acts 2012, No. 442, §1.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=814572Fetched: 10/20/2026

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