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 1964, No. 354, §1.  Renumbered from La. Rev. Stat. 1950, §12:910 by Acts 1968, No. 105, §3, eff. Jan. 1, 1969.