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Terms Used In Louisiana Revised Statutes 12:1021

A.  Only voting shareholders may be officers.  If there is only one voting shareholder, all offices may be combined in his person.  The office or offices held by an officer shall become vacant if he ceases to be a voting shareholder.

B.  Repealed by Acts 2000, 1st Ex. Sess., No. 30, §2, eff. April 14, 2000.

Added by Acts 1970, No. 191, §1.  Amended by Acts 1979, No. 510, §3; Acts 2000, 1st Ex. Sess., No. 30, §2, eff. April 14, 2000.