Louisiana § RS 6:741 - Authorized capital
Full text of Louisiana Louisiana Civil Code § RS 6:741 — Authorized capital, with citation guidance and answers to common questions.
§ RS 6:741. Authorized capital
The authorized capital of a stock association shall be as provided in its articles of incorporation. The authorized capital of a mutual association shall be unlimited and the actual accumulative capital at any time shall be deemed the authorized capital at such time. No association shall be deceptive in advertising the amount of its capital.
Acts 1970, No. 234, §1. Acts 1983, No. 675, §1.
Frequently Asked Questions About Louisiana § RS 6:741
What does Louisiana Civil Code § RS 6:741 cover?
Section RS 6:741 ("Authorized capital") 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 6:741?
A common citation format is "Louisiana Civil Code § RS 6:741" (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 6:741 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.