Louisiana § RS 12:1-1020 - Amendment by board of directors or shareholders

Full text of Louisiana Louisiana Civil Code § RS 12:1-1020 — Amendment by board of directors or shareholders, with citation guidance and answers to common questions.

§ RS 12:1-1020. Amendment by board of directors or shareholders

A.  A corporation's shareholders may amend or repeal the corporation's bylaws.

B.  A corporation's board of directors may adopt, amend, or repeal the corporation's bylaws, unless either of the following conditions exist:

(1)  The articles of incorporation, R.S. 12:1-1021 or, if applicable, R.S. 12:1-1022 reserve that power exclusively to the shareholders in whole or part.

(2)  The shareholders in amending, repealing, or adopting a bylaw expressly provide that the board of directors may not amend, repeal, or reinstate that bylaw.

Acts 2014, No. 328, §1, eff. Jan. 1, 2015.

Source: official Louisiana text · Last verified 2026-08-27

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Frequently Asked Questions About Louisiana § RS 12:1-1020

What does Louisiana Civil Code § RS 12:1-1020 cover?

Section RS 12:1-1020 ("Amendment by board of directors or shareholders") is part of the Louisiana Civil Code, the codified statutory law of Louisiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Louisiana § RS 12:1-1020?

A common citation format is "Louisiana Civil Code § RS 12:1-1020" (Louisiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Louisiana law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Louisiana official source linked on this page or consult a licensed Louisiana attorney.

How does Louisiana § RS 12:1-1020 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Louisiana can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Louisiana.