Louisiana Revised Statutes 12:1158 – Action of shareholders
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Louisiana Revised Statutes 12:1158
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Quorum: The number of legislators that must be present to do business.
Any action by, or requiring the assent of, the shareholders of a professional veterinary medicine corporation may be taken on the affirmative vote of a majority, or such greater proportion as the articles of incorporation may specify, in interest of the voting shareholders present or represented at a meeting duly called and held on due notice, at which a quorum is present or represented.
Added by Acts 1982, No. 218, §1.