RS 12:1-742
A shareholder may not start a derivative proceeding until a written demand has been made on the corporation and 90 days have passed, unless the demand is rejected earlier or waiting would cause irreparable injury.
- Jurisdiction
- United States — Louisiana
- Instrument
- Act or statute
- Version
- Undated source snapshot
- Language
- en
- Official source
- View official record ↗
derivative proceedings shareholder demand
Statute overview
About this statute
This page preserves the statute’s identified version, provision structure, official source link, and stored legal text for reading and research.
Ask AI about this statute
RS 12:1-742
Sign in to ask AI about this statute
Sign in to start authenticated, citation-grounded statute research.
Sign inLexChat organizes source-backed legal information for research. Verify amendments, commencement, and current legal force with the official publisher before relying on it.