Articles of Incorporation: Supermajority Requirements for Bylaw Amendments (LA) | Practical Law

Articles of Incorporation: Supermajority Requirements for Bylaw Amendments (LA) | Practical Law

Standard Clause for the articles of incorporation of a Louisiana corporation requiring the affirmative vote of a majority of the board of directors or a supermajority of the shareholders for the amendment, adoption, or repeal of a bylaw. This Standard Clause has integrated notes with important explanations and drafting tips.

Articles of Incorporation: Supermajority Requirements for Bylaw Amendments (LA)

Practical Law Standard Clauses w-000-2786 (Approx. 6 pages)

Articles of Incorporation: Supermajority Requirements for Bylaw Amendments (LA)

by Practical Law Corporate & Securities
Law stated as of 19 Oct 2023Louisiana
Standard Clause for the articles of incorporation of a Louisiana corporation requiring the affirmative vote of a majority of the board of directors or a supermajority of the shareholders for the amendment, adoption, or repeal of a bylaw. This Standard Clause has integrated notes with important explanations and drafting tips.