RS 12:173 Application to existing corporations - Louisiana Statutes

§173.  Application to existing corporations

A.  Except as otherwise expressly provided in this Chapter, all of the provisions of this Chapter shall be applicable to every existing corporation on January 1, 1969, formed under the laws of this state for a purpose or purposes for which a corporation might be formed under this Chapter; provided that this Chapter shall not affect or impair any right of any existing corporation which is guaranteed or protected by the constitution of this state or of the United States; and provided further that this Chapter shall not be construed to impair or affect any act done, offense committed, or right accruing, accrued, or acquired, or liability, penalty, forfeiture, or punishment incurred, prior to January 1, 1969, but the same may be enjoyed, asserted and enforced, prosecuted or inflicted as fully, and to the same extent, as if this Chapter had not been enacted.  

B.  Unless otherwise specifically prohibited by law, any corporation by amendment to its articles of incorporation may convert itself to a professional corporation, provided that the corporation shall comply with all requirements pursuant to its respective professional corporations provisions.

Acts 1968, No. 105, §1; Acts 1989, No. 182, §1.