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0 chapters · 776 sections in this title.
La. Rev. Stat. § 12:1-901 Excluded transactions
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§1-901. Excluded transactions A. This Part may not be used to effect a transaction that causes an eligible entity or domestic or foreign corporation to hold any right, privilege, license, or franchise under the laws of this state that it is ineligible to hold. B. Property receive…
La. Rev. Stat. § 12:1-902 Required approvals
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§1-902. Required approvals [Reserved.] Acts 2014, No. 328, §1, eff. Jan. 1, 2015.
La. Rev. Stat. § 12:1-920 Domestication
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§1-920. Domestication A. A foreign business corporation may become a domestic business corporation only if the domestication is permitted by the organic law of the foreign corporation. B. A domestic business corporation may become a foreign business corporation if the domesticati…
La. Rev. Stat. § 12:1-921 Action on a plan of domestication
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§1-921. Action on a plan of domestication In the case of a domestication of a domestic business corporation in a foreign jurisdiction, all of the following shall apply: (1) The plan of domestication must be adopted by the board of directors. (2) After adopting the plan of domesti…
La. Rev. Stat. § 12:1-922 Articles of domestication
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§1-922. Articles of domestication A. After the domestication of a foreign business corporation has been authorized as required by the laws of the foreign jurisdiction, articles of domestication shall be signed by any officer or other duly authorized representative. The articles s…
La. Rev. Stat. § 12:1-923 Surrender of charter upon domestication
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§1-923. Surrender of charter upon domestication A. Whenever a domestic business corporation has adopted and approved, in the manner required by this Subpart, a plan of domestication providing for the corporation to be domesticated in a foreign jurisdiction, articles of charter su…
La. Rev. Stat. § 12:1-924 Effect of domestication
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§1-924. Effect of domestication A. When a domestication becomes effective, all of the following shall apply: (1) The title to all real and personal property, both tangible and intangible, of the corporation remains in the corporation without any transfer, assignment, reversion, o…
La. Rev. Stat. § 12:1-925 Abandonment of a domestication
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§1-925. Abandonment of a domestication A. Unless otherwise provided in a plan of domestication of a domestic business corporation, after the plan has been adopted and approved as required by this Subpart, and at any time before the domestication has become effective, it may be ab…
La. Rev. Stat. § 12:1-930 Nonprofit conversion
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§1-930. Nonprofit conversion A. A domestic business corporation may become a domestic nonprofit corporation pursuant to a plan of nonprofit conversion. B. A domestic business corporation may become a foreign nonprofit corporation if the nonprofit conversion is permitted by the la…
La. Rev. Stat. § 12:1-931 Action on a plan of nonprofit conversion
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§1-931. Action on a plan of nonprofit conversion In the case of a conversion of a domestic business corporation to a domestic or foreign nonprofit corporation, all of the following shall apply: (1) The plan of nonprofit conversion must be adopted by the board of directors. (2) Af…
La. Rev. Stat. § 12:1-932 Articles of nonprofit conversion
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§1-932. Articles of nonprofit conversion A. After a plan of nonprofit conversion providing for the conversion of a domestic business corporation to a domestic nonprofit corporation has been adopted and approved as required by this Subpart, articles of nonprofit conversion shall b…
La. Rev. Stat. § 12:1-933 Surrender of charter upon foreign nonprofit conversion
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§1-933. Surrender of charter upon foreign nonprofit conversion A. Whenever a domestic business corporation has adopted and approved, in the manner required by this Subpart, a plan of nonprofit conversion providing for the corporation to be converted to a foreign nonprofit corpora…
La. Rev. Stat. § 12:1-934 Effect of nonprofit conversion
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§1-934. Effect of nonprofit conversion A. When a conversion of a domestic business corporation to a domestic nonprofit corporation becomes effective, all of the following shall apply: (1) The title to all real and personal property, both tangible and intangible, of the corporatio…
La. Rev. Stat. § 12:1-935 Abandonment of a nonprofit conversion
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§1-935. Abandonment of a nonprofit conversion A. Unless otherwise provided in a plan of nonprofit conversion of a domestic business corporation, after the plan has been adopted and approved as required by this Subpart, and at any time before the nonprofit conversion has become ef…
La. Rev. Stat. § 12:1-940 Foreign nonprofit domestication and conversion
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§1-940. Foreign nonprofit domestication and conversion A foreign nonprofit corporation may become a domestic business corporation if the domestication and conversion is permitted by the organic law of the foreign nonprofit corporation. Acts 2014, No. 328, §1, eff. Jan. 1, 2015.
La. Rev. Stat. § 12:1-941 Articles of nonprofit domestication and conversion
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§1-941. Articles of nonprofit domestication and conversion A. After the conversion of a foreign nonprofit corporation to a domestic business corporation has been authorized as required by the laws of the foreign jurisdiction, articles of nonprofit domestication and conversion sha…
La. Rev. Stat. § 12:1-942 Effect of foreign nonprofit domestication and conversion
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§1-942. Effect of foreign nonprofit domestication and conversion A. When a domestication and conversion of a foreign nonprofit corporation to a domestic business corporation becomes effective, all of the following shall apply: (1) The title to all real and personal property, both…
La. Rev. Stat. § 12:1-943 Abandonment of a foreign nonprofit domestication and conversion
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§1-943. Abandonment of a foreign nonprofit domestication and conversion If the domestication and conversion of a foreign nonprofit corporation to a domestic business corporation is abandoned in accordance with the laws of the foreign jurisdiction after articles of nonprofit domes…
La. Rev. Stat. § 12:1-950 Entity conversion authorized; definitions
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§1-950. Entity conversion authorized; definitions A. A domestic business corporation may become a domestic unincorporated entity pursuant to a plan of entity conversion. B. A domestic business corporation may become a foreign unincorporated entity if the entity conversion is perm…
La. Rev. Stat. § 12:1-951 Plan of entity conversion
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§1-951. Plan of entity conversion A. A plan of entity conversion must include all of the following: (1) A statement of the type of entity the surviving entity will be and, if it will be a foreign entity, its jurisdiction of organization. (2) The terms and conditions of the conver…
La. Rev. Stat. § 12:1-952 Action on a plan of entity conversion
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§1-952. Action on a plan of entity conversion In the case of an entity conversion of a domestic business corporation to a domestic or foreign unincorporated entity, all of the following shall apply: (1) The plan of entity conversion must be adopted by the board of directors. (2) …
La. Rev. Stat. § 12:1-953 Articles of entity conversion
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§1-953. Articles of entity conversion A. After the conversion of a domestic business corporation to a domestic unincorporated entity has been adopted and approved as required by this Subpart, articles of entity conversion shall be signed on behalf of the corporation by any office…
La. Rev. Stat. § 12:1-954 Surrender of charter upon conversion
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§1-954. Surrender of charter upon conversion A. Whenever a domestic business corporation has adopted and approved, in the manner required by this Subpart, a plan of entity conversion providing for the corporation to be converted to a foreign unincorporated entity, articles of cha…
La. Rev. Stat. § 12:1-955 Effect of entity conversion
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§1-955. Effect of entity conversion A. When a conversion under this Subpart becomes effective, all of the following shall apply: (1) The title to all real and personal property, both tangible and intangible, of the converting entity remains in the surviving entity without transfe…
La. Rev. Stat. § 12:1-956 Abandonment of an entity conversion
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§1-956. Abandonment of an entity conversion A. Unless otherwise provided in a plan of entity conversion of a domestic business corporation, after the plan has been adopted and approved as required by this Subpart, and at any time before the entity conversion has become effective,…
La. Rev. Stat. § 12:1011 Terms defined
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§1011. Terms defined As used in this Chapter: A. "Professional accounting corporation" means a corporation organized pursuant to this Chapter and meeting the requirements to obtain a permit as a certified professional accounting firm as provided for by the Louisiana Accountancy A…
La. Rev. Stat. § 12:1012 Professional corporations
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§1012. Professional corporations One or more natural persons of full age may form a corporation under Chapter 1 of this Title as a professional accounting corporation subject to the ownership requirements contained in the Louisiana Accountancy Act. Such corporations shall be subj…
La. Rev. Stat. § 12:1013 The corporate name
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§1013. The corporate name The corporate name shall consist of the full or last name or the names of one or more voting shareholders, former voting shareholders, or members of a predecessor accounting firm, may include "limited" or "Ltd.", and shall end with one of the phrases whi…
La. Rev. Stat. § 12:1015 Shares
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§1015. Shares A. There shall be only one class of shares of a professional accounting corporation, denominated common shares which shall be either with or without par value. B. The ownership of shares in a professional accounting corporation shall be subject to the provisions of …
La. Rev. Stat. § 12:1016 Certificate of stock
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§1016. Certificate of stock A. Each certificate of stock shall contain the corporation's full name. B. Each certificate of stock shall contain reference to any and all agreements among the corporation's voting shareholders made pursuant to R.S. 12:1019. C. There shall be no provi…
La. Rev. Stat. § 12:1017 Liability of incorporators, subscribers, shareholders, directors, officers, and agents
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§1017. Liability of incorporators, subscribers, shareholders, directors, officers, and agents A. A subscriber to, or holder of, shares of a professional accounting corporation shall be under no liability to the corporation with respect to such shares, other than the obligation of…
La. Rev. Stat. § 12:1018 Actions of shareholders
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§1018. Actions of shareholders Any action by, or requiring the assent of, the shareholders of a professional corporation may be taken on the affirmative vote of a majority in interest or such greater proportion as the articles of incorporation may specify of the voting shareholde…
La. Rev. Stat. § 12:1019 Shareholders agreements
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§1019. Shareholders agreements A. Any lawful provision regulating the affairs of a professional accounting corporation or the rights and liabilities of its shareholders, which is not required to be set forth in the article of incorporation, may be set forth in an agreement among …
La. Rev. Stat. § 12:1020 Directors
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§1020. Directors Only voting shareholders 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 1970, No…
La. Rev. Stat. § 12:1021 Officers and agents
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§1021. Officers and agents 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 20…
La. Rev. Stat. § 12:1023 Dissolution
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§1023. Dissolution A. The fact that it has no voting shareholders shall be an additional ground for involuntary dissolution of a professional accounting corporation. B. In the event of the death of a shareholder of a professional accounting corporation, said shareholder's success…
La. Rev. Stat. § 12:1024 Regulation by state board of certified public accountants of Louisiana
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§1024. Regulation by state board of certified public accountants of Louisiana Professional accounting corporations shall be subject to the discipline of the State Board of Certified Public Accountants of Louisiana and its authority to adopt rules and regulations governing the pra…
La. Rev. Stat. § 12:1025 Short title
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§1025. Short title This Chapter may be known and may be referred to by the short title "Professional Accounting Corporations Law". Added by Acts 1970, No. 191, §1.
La. Rev. Stat. § 12:1041 Suppression of criminally operated businesses by domestic and foreign corporations; proceedings
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§1041. Suppression of criminally operated businesses by domestic and foreign corporations; proceedings A. The attorney general is authorized to institute civil proceedings against any domestic corporation to procure a judgment annulling, vacating or forfeiting its articles of inc…
La. Rev. Stat. § 12:1042 Franchise agreements; provisions for dispute resolution
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§1042. Franchise agreements; provisions for dispute resolution Unless provisions of a business franchise agreement provide otherwise, when the business to be conducted pursuant to the agreement and the business location of the franchisee are exclusively in this state, disputes ar…
La. Rev. Stat. § 12:1051 Terms defined
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§1051. Terms defined As used in this Chapter: A. "Professional chiropractic corporation" means a corporation organized pursuant to this Chapter for the practice of chiropractic. B. All terms used both in this Chapter and in Chapter 1 of this Title shall have the same meaning when…
La. Rev. Stat. § 12:1052 Professional corporations
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§1052. Professional corporations One or more natural persons, of full age and duly licensed to practice chiropractic in this state, may form a corporation under Chapter 1 of this Title for the purpose of practicing chiropractic. Such corporations shall be subject to all of the pr…
La. Rev. Stat. § 12:1053 The corporate name
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§1053. The corporate name The corporate name shall consist of the full or last name or names of one or more voting shareholders, former voting shareholders or members of a predecessor chiropractic partnership, may include "Limited" or "Ltd.", shall end with one of the phrases (wh…
La. Rev. Stat. § 12:1054 Corporate authority
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§1054. Corporate authority A professional chiropractic corporation shall engage in no business other than the practice of chiropractic but may hold property for investment or in connection with its chiropractic practice. Added by Acts 1976, No. 686, §1.
La. Rev. Stat. § 12:1055 Shares
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§1055. Shares A. There shall be only one class of shares of a professional chiropractic corporation, denominated common shares which shall be either with or without par value. B. A shareholder who is a natural person duly licensed to practice chiropractic in this state, and who h…
La. Rev. Stat. § 12:1056 Certificate of stock
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§1056. Certificate of stock A. Each certificate of stock shall contain the corporation's full name, and the following statement: "Except when held in his own right by a natural person duly licensed to practice chiropractic in the state of Louisiana, the shares represented by this…
La. Rev. Stat. § 12:1057 Liability of incorporators, subscribers, shareholders, directors, officers and agents
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§1057. Liability of incorporators, subscribers, shareholders, directors, officers and agents A. A subscriber to, or holder of, shares of a professional chiropractic corporation shall be under no liability to the corporation with respect to such shares, other than the obligation o…
La. Rev. Stat. § 12:1058 Action of shareholders
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§1058. Action of shareholders Any action by, or requiring the assent of, the shareholders of a professional chiropractic corporation may be taken on the affirmative vote of a majority (or such proportion as the articles of incorporation may specify) in interest of the voting shar…
La. Rev. Stat. § 12:1059 Shareholders' agreements
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§1059. Shareholders' agreements A. Any lawful provision regulating the affairs of a professional chiropractic corporation or the rights and liabilities of its shareholders, which is not required to be set forth in the articles of incorporation, may be set forth in an agreement am…
La. Rev. Stat. § 12:1060 Directors
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§1060. Directors Only shareholders may be directors. If there are fewer than three shareholders, there need be only as many directors as shareholders. The office of a director shall become vacant if he ceases to be a shareholder. Added by Acts 1976, No. 686, §1.
