RS 12:209 Corporations not required to be non-stock corporations
§209. Corporations not required to be non-stock corporations
A corporation which is not permitted to distribute its net assets to its members upon dissolution may be organized either on a stock basis or on a non-stock basis.
Acts 1968, No. 105, §1; Acts 1987, No. 294, §1, eff. July 5, 1987.