RS 12:266
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/la/title-12/12-363A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
RS 12:266
§266. Scope of Chapter
This Chapter does not apply to:
(1)Any corporation organized for any purpose involving pecuniary profit or gain to its shareholders or members, or which pays dividends or similar pecuniary remuneration;
(2)Co-operative marketing or credit associations or corporations organized under the provisions of Title 3;
(3)Any corporation transacting any type of insurance business; or
(4)Foreign corporations, whether business or nonprofit, except where reference is made to such corporations.
Acts 1968, No. 105, §1.