La. Corporations and Associations § 12:209

Current with changes from the 2024 Legislative Session, Acts 3, and 6-86

Section 12:209 - 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.

La. Corporations and Associations § 12:209

Acts 1968, No. 105, §1; Acts 1987, No. 294, §1, eff. July 5, 1987.

Acts 1968, No. 105, §1; Acts 1987, No. 294, §1, eff. 7/5/1987.