Louisiana § RS 12:209 - Corporations not required to be non-stock corporations
Full text of Louisiana Louisiana Civil Code § RS 12:209 — Corporations not required to be non-stock corporations, with citation guidance and answers to common questions.
§ RS 12:209. 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.
Source: official Louisiana text · Last verified 2026-08-27
Frequently Asked Questions About Louisiana § RS 12:209
What does Louisiana Civil Code § RS 12:209 cover?
Section RS 12:209 ("Corporations not required to be non-stock corporations") 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 12:209?
A common citation format is "Louisiana Civil Code § RS 12:209" (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 12:209 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.