RS 12:417.1 - Corporate records; disclosure; right of members to inspect A cooperative shall maintain for inspection by any member of the cooperative or his attorney during regular office hours every contract or agreement of a value in an amount in excess of fifteen thousand dollars. Each person or legal entity which is a party to any such contract or agreement with a cooperative shall submit a sworn statement disclosing any business or personal relationship which exists with a director or officer of that cooperative. The sworn statement shall be attached to all such contracts or agreements. Added by Acts 1983, No. 636, §1, eff. July 19, 1983.
Louisiana Legal Code