A trustee may acquire and subscribe for corporate shares, act as an incorporator or organizer, or become a member of a partnership, joint venture, limited liability company, or other legal entity, unless the trust instrument provides otherwise.
La. R.S. 9:2123
Stock subscription; incorporator; organizer; partnership; joint venture; limited liability company; other legal entities
Acts 1997, No. 251, §1.
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.