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La. R.S. 51:1105

Approval by Board of Commerce and Industry

Known as the Venture Capital Network Law

The act spans §§ 51–51 (16 sections).

Acts 1962, No. 434, §5.

Before the certificate of incorporation of any corporation organized pursuant to this Chapter shall become effective and before the charter for said corporation may be issued by the secretary of state, the said certificate or articles of incorporation for said corporation shall be approved by a majority vote of the board of commerce and industry of the state of Louisiana.

Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.