Corporations and Associations
La. Laws div. RS, tit. 12
in effectContents
section12:1. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:1-101. Short titlesection12:1-102. Reservation of power to amend or repealsection12:1-120. Requirements for documents; extrinsic factssection12:1-121. Formssection12:1-122. Filing, service, and copying feessection12:1-123. Effective time and date of documentsection12:1-124. Correcting filed documentsection12:1-125. Filing duty of secretary of statesection12:1-126. Appeal from secretary of state's refusal to file documentsection12:1-127. Evidentiary effect of copy of filed documentsection12:1-128. Certificate of existence and standingsection12:1-129. Penalty for signing false documentsection12:1-130. Powerssection12:1-140. Definitionssection12:1-141. Notices and other communicationssection12:1-142. Number of shareholderssection12:1-143. Qualified directorsection12:1-144. Householdingsection12:1-201. Incorporatorssection12:1-202. of incorporation and signed consent by agent to appointmentsection12:1-203. Incorporationsection12:1-204. Liability for preincorporation transactionssection12:1-205. Organization of corporationsection12:1-206. Bylawssection12:1-207. Emergency bylawssection12:1-301. Purposessection12:1-302. General powerssection12:1-303. Emergency powerssection12:1-304. Ultra viressection12:1-401. Corporate namesection12:1-402. Reserved namesection12:1-403. Registered namesection12:1-501. Registered office and registered agentsection12:1-502. Change of registered office or registered agentsection12:1-503. Resignation of registered agentsection12:1-504. Service on corporationsection12:1-601. Authorized sharessection12:1-602. Terms of class or series determined by board of directorssection12:1-603. Issued and outstanding sharessection12:1-604. Fractional sharessection12:1-620. Subscription for shares before incorporationsection12:1-621. Issuance of sharessection12:1-622. Liability of shareholderssection12:1-623. Share dividendssection12:1-624. Share optionssection12:1-625. Form and content of certificatessection12:1-626. Shares without certificatessection12:1-627. Restriction on transfer of shares and other securitiessection12:1-628. Expense of issuesection12:1-630. Shareholders' preemptive rightssection12:1-631. Corporation's acquisition of its own sharessection12:1-640. Distributions to shareholderssection12:1-701. Annual meetingsection12:1-702. Special meetingsection12:1-703. Court-ordered meetingsection12:1-704. Action without meetingsection12:1-705. Notice of meetingsection12:1-706. Waiver of noticesection12:1-707. Record datesection12:1-708. Conduct of the meetingsection12:1-709. Remote participation in annual and special meetingssection12:1-720. Shareholders' list for meetingsection12:1-721. Voting entitlement of sharessection12:1-722. Proxiessection12:1-723. Shares held by intermediaries and nomineessection12:1-724. Corporation's acceptance of votessection12:1-725. Quorum and voting requirements for voting groupssection12:1-726. Action by single and multiple voting groupssection12:1-727. Greater quorum or voting requirementssection12:1-728. Quorum and voting for directors; cumulative votingsection12:1-729. Inspectors of electionsection12:1-730. Voting trustssection12:1-731. Voting agreementssection12:1-732. Unanimous governance agreementssection12:1-740. Subpart definitionssection12:1-741. Standingsection12:1-742. Demandsection12:1-742.1. Petition in derivative proceedingsection12:1-742.2. Jurisdiction over a directorsection12:1-742.3. Venue in derivative proceedingsection12:1-743. Stay of proceedingssection12:1-744. Dismissalsection12:1-745. Discontinuance or settlementsection12:1-746. Payment of expensessection12:1-747. Applicability to foreign corporationssection12:1-748. Shareholder action to appoint receiversection12:1-801. Requirement for and functions of board of directorssection12:1-802. Qualifications of directorssection12:1-803. Number and election of directorssection12:1-804. Election of directors by certain classes of shareholderssection12:1-805. Terms of directors generallysection12:1-806. Staggered terms for directorssection12:1-807. Resignation of directorssection12:1-808. Removal of directors by shareholderssection12:1-809. [Reserved].section12:1-810. Vacancy on boardsection12:1-811. Compensation of directorssection12:1-812. Director proxiessection12:1-820. Meetingssection12:1-821. Action without meetingsection12:1-822. Notice of meetingsection12:1-823. Waiver of noticesection12:1-824. Quorum and votingsection12:1-825. Committeessection12:1-826. Submission of matters for shareholder votesection12:1-830. Standards of conduct for directorssection12:1-831. Standards of liability for directorssection12:1-832. Protection against monetary liabilitysection12:1-833. Directors' liability for unlawful distributionssection12:1-840. Officerssection12:1-841. Functions of officerssection12:1-842. Standards of conduct for officerssection12:1-843. Resignation and removal of officerssection12:1-844. Contract rights of officerssection12:1-850. Subpart definitionssection12:1-851. Permissible indemnificationsection12:1-852. Mandatory indemnificationsection12:1-853. Advance for expensessection12:1-854. Court-ordered indemnification and advance for expensessection12:1-855. Determination and authorization of indemnificationsection12:1-856. Indemnification of officerssection12:1-857. Insurancesection12:1-858. Variation by corporate action; application of Subpartsection12:1-859. Exclusivity of Subpartsection12:1-860. Subpart definitionssection12:1-861. Judicial actionsection12:1-862. Directors' actionsection12:1-863. Shareholders' actionsection12:1-870. Business opportunitiessection12:1-901. Excluded transactionssection12:1-902. Required approvalssection12:1-920. Domesticationsection12:1-921. Action on a plan of domesticationsection12:1-922. of domesticationsection12:1-923. Surrender of charter upon domesticationsection12:1-924. Effect of domesticationsection12:1-925. Abandonment of a domesticationsection12:1-930. Nonprofit conversionsection12:1-931. Action on a plan of nonprofit conversionsection12:1-932. of nonprofit conversionsection12:1-933. Surrender of charter upon foreign nonprofit conversionsection12:1-934. Effect of nonprofit conversionsection12:1-935. Abandonment of a nonprofit conversionsection12:1-940. Foreign nonprofit domestication and conversionsection12:1-941. of nonprofit domestication and conversionsection12:1-942. Effect of foreign nonprofit domestication and conversionsection12:1-943. Abandonment of a foreign nonprofit domestication and conversionsection12:1-950. Entity conversion authorized; definitionssection12:1-951. Plan of entity conversionsection12:1-952. Action on a plan of entity conversionsection12:1-953. of entity conversionsection12:1-954. Surrender of charter upon conversionsection12:1-955. Effect of entity conversionsection12:1-956. Abandonment of an entity conversionsection12:1-1001. Authority to amendsection12:1-1002. Amendment before issuance of sharessection12:1-1003. Amendment by board of directors and shareholderssection12:1-1004. Voting on amendments by voting groupssection12:1-1005. Amendment by board of directorssection12:1-1006. of amendmentsection12:1-1007. Restated articles of incorporationsection12:1-1008. Amendment pursuant to reorganizationsection12:1-1009. Effect of amendmentsection12:1-1020. Amendment by board of directors or shareholderssection12:1-1021. Bylaw increasing quorum or voting requirement for directorssection12:1-1022. Public corporation bylaw provisions relating to the election of directorssection12:1-1101. Definitionssection12:1-1102. Mergersection12:1-1103. Share exchangesection12:1-1104. Action on a plan of merger or share exchangesection12:1-1105. Merger between parent and subsidiary or between subsidiariessection12:1-1106. of merger or share exchangesection12:1-1107. Effect of merger or share exchangesection12:1-1108. Abandonment of a merger or share exchangesection12:1-1201. Disposition of assets not requiring shareholder approvalsection12:1-1202. Shareholder approval of certain dispositionssection12:1-1301. Definitionssection12:1-1302. Right to appraisalsection12:1-1303. Assertion of rights by nominees and beneficial shareholderssection12:1-1320. Notice of appraisal rightssection12:1-1321. Notice of intent to demand appraisal and consequences of voting or consentingsection12:1-1322. Appraisal notice and formsection12:1-1323. Perfection of rights and right to withdrawsection12:1-1324. Paymentsection12:1-1325. After-acquired sharessection12:1-1326. Procedure if shareholder dissatisfied with payment or offersection12:1-1330. Court actionsection12:1-1331. Court costs and expensessection12:1-1340. Other remedies limitedsection12:1-1401. [Reserved.]section12:1-1402. Dissolution by board of directors and shareholderssection12:1-1403. of dissolutionsection12:1-1404. Revocation of dissolutionsection12:1-1405. Effect of dissolutionsection12:1-1406. Known claims against dissolved corporationsection12:1-1407. Other claims against dissolved corporationsection12:1-1408. Court proceedingssection12:1-1409. Responsibility of the board of directorssection12:1-1410. Certain sections in Subpart A applicable to all dissolved corporationssection12:1-1411. §§1-1411 - 1-1429 [Reserved]section12:1-1412. [Reserved]section12:1-1413. [Reserved]section12:1-1414. [Reserved]section12:1-1415. [Reserved]section12:1-1416. [Reserved]section12:1-1417. [Reserved]section12:1-1418. [Reserved]section12:1-1419. [Reserved]section12:1-1420. [Reserved]section12:1-1421. [Reserved]section12:1-1422. [Reserved]section12:1-1423. [Reserved]section12:1-1424. [Reserved]section12:1-1425. [Reserved]section12:1-1426. [Reserved]section12:1-1427. [Reserved]section12:1-1428. [Reserved]section12:1-1429. [Reserved]section12:1-1430. Grounds for judicial dissolutionsection12:1-1431. Procedure for judicial dissolutionsection12:1-1432. Appointment of receiver or liquidatorsection12:1-1433. Judgment of dissolutionsection12:1-1434. Election to purchase in lieu of dissolutionsection12:1-1435. Oppressed shareholder's right to withdrawsection12:1-1436. Judicial determination of fair value and payment terms for withdrawing shareholder's sharessection12:1-1437. Stay of duplicative proceedingssection12:1-1438. Conversion of oppression proceeding into court-supervised dissolutionsection12:1-1440. of terminationsection12:1-1441. Simplified termination procedure for certain corporationssection12:1-1442. Administrative terminationsection12:1-1443. Effective date and effects of terminationsection12:1-1444. Reinstatement of terminated corporationsection12:1-1445. Appointment of liquidator for terminated corporationsection12:1-1446. §§1-1446 - 1-1600 [Reserved.]section12:1-1601. Corporate recordssection12:1-1602. Inspection of records by shareholderssection12:1-1603. Scope of inspection rightsection12:1-1604. Court-ordered inspectionsection12:1-1605. Inspection of records by directorssection12:1-1606. Exception to notice requirementsection12:1-1620. Financial statements for shareholderssection12:1-1621. Annual report for secretary of statesection12:1-1622. Reporting obligation of corporation that contracts with the statesection12:1-1701. Application to existing domestic corporationssection12:1-1702. Limited applicability to foreign corporationssection12:1-1703. Saving provisionssection12:1-1704. [Reserved.]section12:1-1705. Transition rule for reinstatement of a corporation with a revoked chartersection12:2. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:2.1. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:2.2. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:21. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:22. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:23. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:24. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:25. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:25.1. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:26. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:27. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:28. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:29. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:31. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:32. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:33. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:34. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:35. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:41. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:42. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:51. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:52. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:53. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:54. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:55. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:56. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:57. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:58. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:59. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:61. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:62. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:63. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:71. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:72. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:73. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:74. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:75. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:76. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:77. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:78. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:79. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:81. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:82. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:83. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:84. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:91. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:92. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:93. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:94. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:95. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:96. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:101. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:102. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:103. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:104. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:111. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:112. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:113. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:114. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:115. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:116. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:117. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:121. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:130. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:130.1. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:130.2. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:131. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:132. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:133. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:134. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:135. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:136. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:137. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:138. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:139. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:140. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:140.1. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:140.2. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:140.3. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:140.11. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:140.12. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:140.13. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:140.14. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:140.15. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:140.16. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:140.17. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:141. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:142. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:142.1. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:143. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:144. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:145. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:146. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:147. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:148. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:149. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:151. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:152. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:161. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:162. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:163. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:164. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:165. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:171. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:172. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:173. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:174. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:175. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:176. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:177. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:178. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:201. Terms definedsection12:202. Incorporationsection12:202.1. Limitation on formation; exceptionssection12:203. of incorporationsection12:204. Corporate namesection12:204.1. Corporate name restrictionssection12:204.2. Naming of certain nonprofit corporationssection12:205. Filing and recording articles; issuance and effect of certificate of incorporation; commencement of corporate existencesection12:205.1. Annual report to secretary of statesection12:206. Effect of filing or recording paperssection12:207. General powerssection12:208. Defense of ultra viressection12:209. Corporations not required to be non-stock corporationssection12:210. Members, shareholders and certificatessection12:211. Subscriptions for sharessection12:212. Shareholders' preemptive rightssection12:213. Issuance of shares; considerationsection12:214. Reservation of sharessection12:215. Convertible securities and stock-purchase rightssection12:216. Redemption, purchase and cancellation of sharessection12:217. Classes and qualifications of membershipsection12:218. Membership dues; assessmentssection12:219. Liability of subscribers and memberssection12:220. Reduction of membership below stated numbersection12:221. Capital, surplus, allocation thereto, and increases and reductions thereofsection12:222. Bylawssection12:223. Corporate records and reportssection12:224. Board of directorssection12:225. Officers and agentssection12:226. Relation of directors and officers to corporation and members; liability of officers and directorssection12:227. Indemnification of officers, directors, employees and agents; insurancesection12:228. Interested directors; quorumsection12:229. Meetings of memberssection12:230. Notice of meetings of memberssection12:231. Quorum of memberssection12:232. Voting of memberssection12:233. Unanimous consentsection12:234. Fixing record datesection12:235. Voting trustssection12:236. Registered office and agentsection12:237. Amendment of articles generallysection12:237.1. Amendment of articles; special provisionsection12:238. of amendment; contents; filingsection12:239. Special amendment provisionssection12:239.1. Certificate of correctionsection12:240. Reclassification of stocksection12:241. Restatement of articlessection12:242. Authorization for mergers and consolidationssection12:243. Merger or consolidation proceduresection12:244. Consolidation; articles of incorporationsection12:245. When merger or consolidation effectivesection12:246. Effect of merger or consolidationsection12:247. Voluntary transfer of assetssection12:247.1. Change of jurisdiction of incorporationsection12:248. Rights of a shareholder dissenting from certain corporate actionssection12:249. Dissolution voluntary or involuntary, out of court or under judicial supervision; effect of proceeding for dissolutionsection12:250. Voluntary proceedings for dissolution; authorization; appointment of liquidatorssection12:250.1. Dissolution by affidavitsection12:251. Involuntary proceedings for dissolution; grounds; institution; appointment of liquidatorsection12:252. Qualifications of liquidator; filling vacancies in the office of liquidatorsection12:253. Dissolution proceedings out of court; procedure; powers of liquidatorsection12:254. Dissolution proceedings under judicial supervision; procedure; powers of liquidatorsection12:255. Claims against corporation in liquidation; peremptionsection12:256. Certificate of dissolution; assets omitted from liquidation; post-dissolution proceedingssection12:257. Termination of proceedings for dissolutionsection12:258. Appointment of receiversection12:259. Receivership procedure; powers of receiversection12:260. Compromise arrangements; reorganizations; approval and effectsection12:261. Reorganization under Act of Congresssection12:262. Action by the state to annul, vacate, or forfeit corporate franchise; suspensionsection12:262.1. Failure to file annual reports; revocation and reinstatement of articles; limitation on authority to do business with the statesection12:263. Feessection12:264. Penaltiessection12:265. Application to existing corporationssection12:266. Scope of Chaptersection12:267. Effect of invalidity of part of Chapter; severabilitysection12:268. Reservation of powersection12:269. Short titlesection12:301. Condition precedent to transacting businesssection12:302. Acts not considered transacting businesssection12:303. Name of authorized foreign corporationsection12:304. Application for certificate of authoritysection12:305. Issuance of certificate of authoritysection12:306. Effect of certificate of authoritysection12:307. Amended certificate of authoritysection12:307.1. Certificate of correction by a foreign corporationsection12:308. Registered agent; registered office; principal business establishment; keeping of records by foreign corporationsection12:309. Annual reportsection12:310. Change of corporate namesection12:311. Merger, consolidation, or dissolutionsection12:312. Withdrawalsection12:312.1. Termination of withdrawal proceedingssection12:313. Revocation of certificate of authoritysection12:314. Transacting business without authoritysection12:314.1. Authority to investigate; penaltysection12:315. §315. Repealed by Acts 2017, No. 367, §3.section12:316. Feessection12:317. Appointment of receiversection12:318. Pre-filing proceduresection12:319. Definitionssection12:320. Application to authorized corporationssection12:321. Short titlesection12:401. Organization authorizedsection12:402. Terms definedsection12:403. Powerssection12:404. Namesection12:405. Incorporatorssection12:406. of incorporationsection12:407. Bylawssection12:408. Memberssection12:409. Board of directors; electionssection12:410. Districtssection12:411. Officerssection12:412. Amendment of articles of incorporationsection12:413. Consolidationsection12:414. Mergersection12:415. Effect of consolidation or mergersection12:416. Conversion of existing corporationssection12:417. Initiative by memberssection12:417.1. Corporate records; disclosure; right of members to inspectsection12:418. Dissolutionsection12:419. Filing of articlessection12:420. Refunds to memberssection12:421. Disposition of propertysection12:422. Non-liability of members for debts of cooperativesection12:423. Recordation of mortgages and conveyancessection12:424. Waiver of noticesection12:425. Taxationsection12:426. Jurisdiction of the Public Service Commissionsection12:427. Securities law exemptionsection12:428. Acquisition of servitudessection12:429. Constructionsection12:430. Short titlesection12:430.1. Cooperatives; provision of broadband services; servitudessection12:430.2. Reporting on broadband high-speed internet accesssection12:431. Repealed by Acts 2014, No. 132, §1, eff. May 22, 2014.section12:431.1. Repealed by Acts 2014, No. 132, §1, eff. May 22, 2014.section12:441. Sea Food Marketing Associations authorizedsection12:442. Purpose of legislationsection12:443. Terms definedsection12:444. Persons who may organizesection12:445. Activities in which association may engagesection12:446. Powers of associationsection12:447. Memberssection12:448. of associationsection12:449. Amendments to articles of associationsection12:450. Bylawssection12:451. General and special meetings; how calledsection12:452. Board of directorssection12:453. Election of officerssection12:454. Certificates of membership and shares of stocksection12:455. Removal of officer or directorsection12:456. Referendumsection12:457. Marketing contractsection12:458. Breach of contract or of bylawssection12:459. Acquisitions of business, etc., and payment thereforsection12:460. Conflicting laws not to applysection12:461. Limitation of use of term "co-operative"section12:462. Interest in other corporations or associationssection12:463. Contracts and agreements with other associationssection12:464. Existent associations may adopt the provisions of this Partsection12:465. How similar foreign associations may carry on business in Louisianasection12:466. Breach of marketing contract and knowingly spreading false reports concerning finances and managementsection12:467. Not in restraint of tradesection12:468. Repealed by Acts 1982, No. 526, §3, Aug. 11, 1982section12:469. Filing feessection12:470. Application of Chapter 1section12:471. Short titlesection12:481. Application of Partsection12:482. Permission to incorporatesection12:483. Certificate of incorporation; form and contentssection12:491. Real estate investment trusts authorized and definedsection12:492. Qualification and restrictions and procedural rightssection12:493. Name of Partsection12:499.1. Short title; purposesection12:499.2. Application of chapter; amendment of articles of incorporation to comply with chaptersection12:499.3. Definitionssection12:499.4. Application of laws; conflict of lawssection12:499.5. of organizationsection12:499.6. Namesection12:499.7. Power to make, amend, or repeal by-lawssection12:499.8. or by-lawssection12:499.9. Net savings; apportionmentsection12:499.10. Termination of proprietary leasessection12:499.11. Loanssection12:499.12. Tax exemptionssection12:499.13. Homestead exemptionsection12:501. Definitionssection12:502. Supplementary general principles of lawsection12:503. Territorial applicationsection12:504. Immovable and movable property; unincorporated association as legatee or beneficiarysection12:505. Statement of authority as to immovable propertysection12:506. Liability in tort and contractsection12:507. Capacity to assert and defend; standingsection12:508. Effect of judgment or ordersection12:509. Disposition of movable property of inactive unincorporated associationsection12:510. Appointment of agent to receive service of processsection12:511. Claim not abated by changesection12:512. Dissolution of unincorporated associationsection12:513. Involuntary proceedings for dissolution and appointment of liquidatorsection12:514. Grounds for involuntary dissolutionsection12:515. Continuation of purposesection12:516. Disposition of assetssection12:517. Short titlesection12:518. Uniformity of application and constructionsection12:519. Severability clausesection12:520. Savings clausesection12:601. Person in whose name certificate stands regarded as legal ownersection12:602. Authority to transfer stocksection12:603. Transfer to heirs or legatees of deceased stockholder; proof requiredsection12:621. §§621 to 643 Repealed by Acts 1978, No. 165, §6, eff. Jan. 1, 1970section12:651. Repealed by Acts 1978, No. 165, §6, eff. Jan. 1, 1979section12:701. Borrowing money; issuance of bonds; securitysection12:702. Mortgages executed by public utility corporations and cable television companies; description of property; recordation; effectsection12:703. Rate of interest paid by corporationssection12:704. Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001.section12:801. Terms definedsection12:802. Professional corporationssection12:803. The corporate namesection12:804. Corporate authoritysection12:805. Sharessection12:806. Certificate of stocksection12:807. Liability of incorporators, subscribers, shareholders, directors, officers and agentssection12:808. Action of shareholderssection12:809. Shareholders' agreementssection12:810. Directorssection12:811. Officers and agentssection12:812. Merger and consolidationsection12:813. Dissolutionsection12:814. Certification of foreign professional law corporationsection12:815. Regulation by Supreme Courtsection12:816. Short titlesection12:901. Terms definedsection12:902. Professional corporationssection12:903. The corporate namesection12:904. Corporate authoritysection12:905. Sharessection12:906. Certificate of stocksection12:907. Liability of incorporators, subscribers, shareholders, directors, officers and agentssection12:908. Action of shareholderssection12:909. Shareholders' agreementssection12:910. Directorssection12:911. Officers and agentssection12:912. Merger and consolidationsection12:913. Dissolutionsection12:914. Regulation by Louisiana State Board of Medical Examinerssection12:915. Short titlesection12:951. Terms definedsection12:952. Incorporators; articles of incorporation; approvalsection12:953. Powerssection12:954. Acquisition and disposition of securities; evidences of indebtedness; stock; loans from memberssection12:955. Applications for membership; loans to corporationsection12:956. Duration of membership; notice of withdrawalsection12:957. Powers of stockholders and members; votingsection12:958. Amendment of articles; certification of amendmentsection12:959. Officers; board of directors; responsibility for lossessection12:960. Retention of earned surplussection12:961. Depositssection12:962. Annual auditsection12:963. Initial meeting of incorporators; quorumsection12:964. Duration of corporationsection12:965. Dissolution; distribution of assetssection12:966. Pledge of state credit prohibitedsection12:967. State development company; federal definitionsection12:968. Tax exemptions, credits and privileges applicablesection12:969. License feessection12:970. Fiscal yearsection12:971. Applicability of Louisiana business corporation lawsection12:972. Savings clausesection12:981. Terms definedsection12:982. Professional corporationssection12:982.1. Professional limited liability companiessection12:983. Corporate and limited liability company namesection12:984. Corporate and limited liability company authoritysection12:985. Sharessection12:985.1. Memberssection12:986. Certificate of stocksection12:986.1. Membership interestsection12:987. Liability of incorporators, subscribers, shareholders, directors, officers and agentssection12:987.1. Liability of holder of interest in a limited liability companysection12:988. Action of shareholderssection12:988.1. Action of holders of membership interestsection12:989. Shareholders' agreementssection12:989.1. Membership ownership agreementssection12:990. Directorssection12:991. Officers and agentssection12:992. Merger and consolidationsection12:993. Dissolutionsection12:994. Regulation by Louisiana State Board of Dentistrysection12:995. Short titlesection12:1011. Terms definedsection12:1012. Professional corporationssection12:1013. The corporate namesection12:1014. Repealed by Acts 2000, 1st Ex. Sess., No. 30, §2, eff. April 14, 2000.section12:1015. Sharessection12:1016. Certificate of stocksection12:1017. Liability of incorporators, subscribers, shareholders, directors, officers, and agentssection12:1018. Actions of shareholderssection12:1019. Shareholders agreementssection12:1020. Directorssection12:1021. Officers and agentssection12:1022. Repealed by Acts 2000, 1st Ex. Sess., No. 30, §2, eff. April 14, 2000.section12:1023. Dissolutionsection12:1024. Regulation by state board of certified public accountants of Louisianasection12:1025. Short titlesection12:1041. Suppression of criminally operated businesses by domestic and foreign corporations; proceedingssection12:1042. Franchise agreements; provisions for dispute resolutionsection12:1051. Terms definedsection12:1052. Professional corporationssection12:1053. The corporate namesection12:1054. Corporate authoritysection12:1055. Sharessection12:1056. Certificate of stocksection12:1057. Liability of incorporators, subscribers, shareholders, directors, officers and agentssection12:1058. Action of shareholderssection12:1059. Shareholders' agreementssection12:1060. Directorssection12:1061. Officers and agentssection12:1062. Merger and consolidationsection12:1063. Dissolutionsection12:1064. Regulation by Louisiana State Board of Chiropractic Examinerssection12:1065. Short titlesection12:1071. Terms definedsection12:1072. Professional corporationssection12:1073. The corporate namesection12:1074. Corporate authoritysection12:1075. Sharessection12:1076. Certificate of stocksection12:1077. Liability of incorporators, subscribers, shareholders, directors, officers and agentssection12:1078. Action of shareholderssection12:1079. Shareholders' agreementssection12:1080. Directorssection12:1081. Officers and agentssection12:1082. Merger and consolidationsection12:1083. Dissolutionsection12:1084. Regulation by Louisiana State Board of Nursingsection12:1085. Short titlesection12:1086. Terms definedsection12:1087. Professional corporationsection12:1088. Corporate namesection12:1089. Corporate authoritysection12:1090. Sharessection12:1091. Certificate of stocksection12:1092. Liability of incorporators, subscribers, shareholders, directors, officers, and agentssection12:1093. Action of shareholderssection12:1094. Shareholders' agreementssection12:1095. Directorssection12:1096. Officerssection12:1097. Contractssection12:1098. Merger and consolidationsection12:1099. Dissolutionsection12:1100. Regulation by Louisiana State Board of Architectural Examinerssection12:1101. Short titlesection12:1110. Terms definedsection12:1111. Professional corporationssection12:1112. Corporate namesection12:1113. Corporate authoritysection12:1114. Sharessection12:1115. Certificate of stocksection12:1116. Liability of incorporators, subscribers, shareholders, directors, officers, or agentssection12:1117. Action of shareholderssection12:1118. Shareholders' agreementssection12:1119. Directorssection12:1120. Officers and agentssection12:1121. Merger and consolidationsection12:1122. Dissolutionsection12:1123. Regulation by Louisiana State Board of Optometrysection12:1124. Short titlesection12:1130. Terms definedsection12:1131. Professional corporationssection12:1132. The corporate namesection12:1133. Corporate authoritysection12:1134. Sharessection12:1135. Certificate of stocksection12:1136. Liability of incorporators, subscribers, shareholders, directors, officers and agentssection12:1137. Action of shareholderssection12:1138. Shareholders' agreementssection12:1139. Directorssection12:1140. Officers and agentssection12:1141. Merger and consolidationsection12:1142. Dissolutionsection12:1143. Regulation by the Louisiana State Board of Examiners of Psychologistssection12:1144. Short titlesection12:1151. Terms definedsection12:1152. Professional corporationssection12:1153. The corporate namesection12:1154. Corporate authoritysection12:1155. Sharessection12:1156. Certificate of stocksection12:1157. Liability of incorporators, subscribers, shareholders, directors, officers and agentssection12:1158. Action of shareholderssection12:1159. Shareholders' agreementssection12:1160. Directorssection12:1161. Officers and agentssection12:1162. Merger and consolidationsection12:1163. Dissolutionsection12:1164. Regulation by Louisiana Board of Veterinary Medicinesection12:1165. Short titlesection12:1171. Terms definedsection12:1172. Corporate namesection12:1173. Corporate authoritysection12:1174. Directors, officers, and agents; liabilitysection12:1175. Shareholders' agreementssection12:1176. Directorssection12:1177. Officerssection12:1178. Contractssection12:1179. Regulationsection12:1180. Compliance by existing corporationsection12:1181. Short titlesection12:1190. Terms definedsection12:1191. Professional corporationssection12:1192. Corporate namesection12:1193. Corporate authoritysection12:1194. Sharessection12:1195. Certificate of stocksection12:1196. Liability of incorporators, subscribers, shareholders, directors, officers, and agentssection12:1197. Action of shareholderssection12:1198. Shareholders' agreementssection12:1199. Directorssection12:1200. Officers and agentssection12:1201. Merger and consolidationsection12:1202. Dissolutionsection12:1203. Regulation by Louisiana State Board of Medical Examinerssection12:1204. Short titlesection12:1301. Definitionssection12:1302. Purposesection12:1303. Powerssection12:1304. Formationsection12:1305. of organization; initial reportsection12:1306. Namesection12:1307. Reservation of name; transfer of reserved namesection12:1308. Registered office and registered agentsection12:1308.1. Annual reportsection12:1308.2. Failure to file annual report; revocation and reinstatement of articles; limitation on authority to do business with the statesection12:1308.3. Conversion of state of organizationsection12:1309. Amendment of articles of organizationsection12:1310. Certificates of correctionsection12:1310.1. Retroactivity of company's existence; acquisition of immovable property prior to limited liability company's existencesection12:1311. Management by memberssection12:1312. Managerssection12:1313. Election and removal of managerssection12:1314. Duties of members and managerssection12:1315. Limitation of liability and indemnification of members and managerssection12:1316. Voting by managerssection12:1317. Agency power of managers or memberssection12:1317.1. Company representation; state entitiessection12:1318. Voting rights of memberssection12:1319. Records and informationsection12:1320. Liability to third parties of members and managerssection12:1321. Contributions to capitalsection12:1322. Liability for contributionsection12:1323. Sharing of profits and lossessection12:1324. Interim distributionssection12:1325. Distributions upon withdrawalsection12:1326. Distribution in kindsection12:1327. Restrictions on making distributionssection12:1328. Liability upon wrongful distributionsection12:1329. Nature of membership interestsection12:1330. Assignment of membership interestsection12:1331. Rights of judgment creditorsection12:1332. Right of assignee to become a membersection12:1333. Powers of estate of a deceased or incompetent membersection12:1333.1. Single-member limited liability company; powers of the estate succession representativesection12:1334. Dissolutionsection12:1335. Judicial dissolutionsection12:1335.1. Dissolution by affidavitsection12:1336. Winding upsection12:1337. Distribution of assetssection12:1338. Claims against limited liability company in liquidation; peremptionsection12:1339. of dissolutionsection12:1340. Certificate of dissolution; assets omitted from liquidation; post-dissolution proceedingssection12:1341. Liability of members of dissolved limited liability companiessection12:1342. Admission of foreign limited liability companysection12:1343. Transactions not constituting transacting businesssection12:1344. Name of authorized foreign limited companysection12:1345. Application for certificate of authoritysection12:1346. Issuance of certificate of authoritysection12:1347. Effect of certificate of authoritysection12:1348. Amended certificate of authoritysection12:1349. Certificate of correction by a foreign limited liability companysection12:1350. Registered agent; registered office; principal business establishment; keeping of records by foreign limited liability companysection12:1350.1. Annual reportsection12:1351. Withdrawalsection12:1352. Termination of withdrawal proceedingssection12:1353. Revocation or suspension of certificate of authority; limitation on authority to do business with the statesection12:1354. Transacting business without authoritysection12:1355. Authority to investigate; penaltysection12:1356. Repealed by Acts 2017, No. 367, §3.section12:1357. Merger or consolidationsection12:1358. Agreement of merger or consolidationsection12:1359. Approval of merger or consolidationsection12:1360. Certificate of merger or consolidationsection12:1361. Effects of merger or consolidationsection12:1362. Merger or consolidation with foreign entitysection12:1363. Revocation and reinstatement of articles; limitation on authority to do business within the statesection12:1364. Filing, service, and copying feessection12:1365. Derivative actionssection12:1366. Applicability of provisions to foreign and interstate commercesection12:1367. Rules of constructionsection12:1368. Taxationsection12:1369. Short titlesection12:1370. Voting trustssection12:1400. Terms definedsection12:1401. Professional corporationssection12:1402. The corporate namesection12:1403. Corporate authoritysection12:1404. Sharessection12:1405. Certificate of stocksection12:1406. Liability of incorporators, subscribers, shareholders, directors, officers and agentssection12:1407. Action of shareholderssection12:1408. Shareholders' agreementssection12:1409. Directorssection12:1410. Officers and agentssection12:1411. Merger and consolidationsection12:1412. Dissolutionsection12:1413. Regulation by the Louisiana State Board of Social Work Examinerssection12:1414. Short titlesection12:1501. Applicabilitysection12:1502. Actions against persons who control business organizationssection12:1601. Conversion of domestic business entitiessection12:1602. Definitionssection12:1603. Tax filing requirementssection12:1604. Continuation and updating of professional or other licensesection12:1605. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:1606. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:1607. Repealed by Acts 2014, No. 328, §5, eff. Jan. 1, 2015.section12:1701. Filing methodssection12:1702. Confidentiality of informationsection12:1703. Electronic notification of status changessection12:1704. Judicial review; removal of officers, members, managers, and partnerssection12:1705. Business organizations; juridical personalitiessection12:1801. Short titlesection12:1802. Application and effect of Chaptersection12:1803. Definitionssection12:1804. Election of status; corporate namesection12:1805. Termination of statussection12:1811. Corporate purposessection12:1821. Standard of conduct for directorssection12:1822. Benefit directorsection12:1823. Standard of conduct for officerssection12:1824. Benefit officersection12:1825. Right of actionsection12:1831. Annual benefit reportsection12:1832. Stock certificatessection12:1851. Legislative finding; public purposesection12:1852. Creation of fundsection12:1853. Authorization; requirements; regulationsection12:1854. Definitionssection12:1855. Agreement to pool liabilities; initial financial requirementssection12:1856. Requirements; excess insurance; administrative and service companies; status; liability; refundssection12:1857. Investmentssection12:1858. Authority of departmentsection12:1859. Licensing of agents; claims against insurance agentssection12:1860. Rates; filing; review of rate determinationsection12:1861. Consecutive net lossessection12:1862. Insolvenciessection12:1863. Examinationsection12:1864. Examination reportssection12:1865. Authorization of the department to employ investigatorssection12:1866. Disclosuresection12:1867. Departmental complaint directives; failure to comply; fines; hearingsection12:1868. Dissolutionsection12:1869. Exclusive use of informationsection12:1870. Jurisdiction
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/Legis/Laws_Toc.aspx?folder=75&level=ParentFetched: 10/20/2026