Louisiana Reduction in Authorized Number of Directors

State:
Multi-State
Control #:
US-CC-14-170D
Format:
Word; 
Rich Text
Instant download

Description

This is a Reduction in Authorized Number of Directors form, to be used across the United States. It is used when either the Shareholders, or the Board of Directors, feels that the number of authorized directors should be reduced by a certain amount.
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FAQ

You have to get officially married. The concept, known as common-law marriage is not recognized in Louisiana. That means the law doesn't see you as a married couple unless you go through the formal process of getting married - which usually involves obtaining a marriage license and having a marriage ceremony.

What Is Failure to Maintain Control? Failure to maintain control is an aspect of Louisiana's careless operation law, which states in part that the driver has failed to operate their motor vehicle in a careful and prudent manner so as not to injure others or cause damage to their property.

§ 4(E). Unless the articles or the bylaws provide otherwise, the directors shall hold office for one year and until their successors are chosen and have qualified. No director shall be elected for a longer single term than five years.

Despite popular belief, it is incorrect to say that the Louisiana Civil Code is, or stems from, the Napoleonic Code. Although the developing Napoleonic Code influenced Louisiana law, the Napoleonic Code was not enacted until 1804, one year after the Louisiana Purchase.

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Louisiana Reduction in Authorized Number of Directors