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La. R.S. § 12:218 Membership Dues; Assessments
| Library | Louisiana Statutes |
| Edition | 2023 |
| Currency | Current with changes from the 2023 Legislative Session |
| Year | 2023 |
| Citation | La. R.S. § 12:218 |
A. Corporations may levy dues or assessments, or both, upon their members, but only in accordance with authority conferred either by the articles or the by-laws.
B. Dues or assessments, or both, may be levied upon shares and non-shareholding memb...
C. The articles or by-laws may include provisions for the cancellation of membership, and for the forfeiture of shares, upon reasonable notice, for nonpayment of dues or assessments, and for the reinstatement of membership or shareholder status.
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