Corporations not required to be non-stock corporations
La. R.S. 12:209
in effect12:209. Corporations not required to be non-stock corporations
A corporation which is not permitted to distribute its net assets to its members upon dissolution may be organized either on a stock basis or on a non-stock basis.
Acts 1968, No. 105, §1; Acts 1987, No. 294, §1, eff. July 5, 1987.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=76396Fetched: 10/20/2026
