RS 12:1825 - Right of action A. The duties of directors and officers under this Chapter and the general public benefit purpose and any specific public benefit purpose of a benefit corporation may be enforced only in accordance with this Section in a benefit enforcement proceeding, and no person shall bring an action or assert a claim against a benefit corporation. B. A benefit enforcement proceeding shall be commenced or maintained only directly by the benefit corporation or derivatively by one of the following parties: (1) A shareholder. (2) A benefit director. (3) Other persons as specified in the articles or bylaws of the benefit corporation. Acts 2012, No. 442, §1.
Louisiana Legal Code