RS 12:1139
59 words·~1 min read·
/la/title-12/12-96A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
RS 12:1139
§1139. Directors
Only voting shareholders, or voting shareholders of another professional psychology corporation, may be directors. If there are fewer than three voting shareholders, there need be only as many directors as voting shareholders. The office of a director shall become vacant if he ceases to be a voting shareholder.
Added by Acts 1980, No. 523, §1.