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- Chapter 16. Professional Architectural Corporations
La. R.S. § 12:1090 Shares
| Library | Louisiana Statutes |
| Edition | 2023 |
| Currency | Current with changes from the 2023 Legislative Session |
| Year | 2023 |
| Citation | La. R.S. § 12:1090 |
A. There shall be only one class of shares of professional architectural corporations, denominated common shares which shall be either with or without par value.
B. A majority of the outstanding shares of a professional architectural corporation shall be held by one or more natural persons duly licensed to practice architecture in this state, holding his shares in his own right.
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