yourstate.us
Home / Louisiana / Corporations and Associations
La. Rev. Stat. § 12:956

Duration of membership; notice of withdrawal

Louisiana · Louisiana Revised Statutes Title 12 — Corporations and Associations · Status: effective

Get this as JSONEmbed this
Cite this
Citation
La. Rev. Stat. § 12:956, Duration of membership; notice of withdrawal, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2693228
Permanent ID
ys:prov:2693228@1
SHA-256
9f66f705e175ff9ee95b19947d741cffff32de0130c6f0f768c922954ec39e61

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

Membership in the corporation shall be for the duration of the corporation; provided that upon written notice given to the corporation five years in advance, a member may withdraw from membership in the corporation at the expiration date of such notice. A member shall not be obligated to make any loans to the corporation pursuant to calls made subsequent to notice of the intended withdrawal of said member.