Louisiana Revised Statutes 12:449 – Amendments to articles of association
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Terms Used In Louisiana Revised Statutes 12:449
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Association: means an association organized under this Part. See Louisiana Revised Statutes 12:443
The articles of incorporation may be altered or amended at any regular meeting, or at any special meeting called for that purpose. Any amendment must first be approved by two-thirds of the directors and must be then adopted by a vote of a majority of all members of the association. Amendments to the articles of incorporation, when so adopted, shall be filed in the same manner as required for the articles, in La. Rev. Stat. 12:448. Amendments shall be effective when filed in accordance with La. Rev. Stat. 12:448.
Renumbered from R.S.1950, §12:359 by Acts 1968, No. 105, §1, eff. Jan. 1, 1969.