La. Rev. Stat. § 6:867
This is the official text of La. Rev. Stat. § 6:867, part of Louisiana’s Rev. Stat — part of the compiled statutory law of Louisiana, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.
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Dissolution or liquidation
Official statutory text
An association may be dissolved or liquidated either voluntarily or involuntarily. If the proceedings are voluntary, they may be instituted by any member or stockholder of the association and the board of directors shall maintain control over the activities, subject to the consent and supervision of the commissioner. If the proceedings are involuntary, they may be instituted by any member or stockholder of the association or the commissioner, but the commissioner shall take possession of and control over the association and its activities.
Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.
Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.
Status: in_force · Read it on the official government site
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