Louisiana Revised Statutes 12:1095 – Directors
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Terms Used In Louisiana Revised Statutes 12:1095
- person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10
A. The number and qualifications of directors shall be determined by a majority vote of the shareholders.
B. A majority of the board of directors, if more than two, shall be natural persons, duly licensed to practice architecture in this state.
C. Corporations having fewer than three directors shall have at least one director who is a natural person, duly licensed to practice architecture in this state.
D. Corporations having fewer than three directors pursuant to La. Rev. Stat. 12:1095(B) shall have at least one director who is a natural person, duly licensed to practice architecture in this state.
Added by Acts 1979, No. 225, §1, eff. July 9, 1979.