Louisiana corporate bylaws are drafted by the board of directors to establish their corporation’s operating structure and organize its internal affairs. Bylaws relay the members of the board, as well as procedures for electing directors, filling vacant board positions, and scheduling meetings (including notice requirements). The bylaws will also state the minimum number of votes needed to add, remove, and modify bylaws in the future.
Chapter: Title 12, Chapter 1A
- Bylaws: § 12:1-206
- Indemnification: §§ 1-850 – 1-859
- Notice of meetings:
- Stock issuance & certificates: § 12:1-621, § 12:1-625