Louisiana Code of Civil Procedure 3902 – Judgment
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Louisiana Code of Civil Procedure 3902
- 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.
When the court finds that a person is holding or claiming office without authority, the judgment shall forbid him to do so. It may declare who is entitled to the office and may direct an election when necessary.
When the court finds that a corporation or limited liability company is exceeding its powers, the judgment shall prohibit it from doing so.
Acts 2017, No. 419, §1.