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La. R.S. 6:866

Commissioner may provide for members or stockholders to vote on plan

Known as the Louisiana Savings and Loan Association Law

The act spans §§ 6–6 (162 sections).

Acts 1983, No. 675, §1.

Notwithstanding any other provision of Part XII of this Chapter, the commissioner may require that the plan be submitted to the voting members or stockholders of the acquiring association at a duly called meeting and that the plan, to be effective, be approved by them.

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