RÉSUMÉ DIGEST
ACT 23 (HB 298) 2021 Regular Session Thomas
Existing law provides parameters and conditions for remote participation in stockholders'
meetings. New law retains existing law.
Existing law allows stockholders' meetings to be held anywhere in the state. New law retains
existing law and also allows the meetings to be held by remote communication as provided
for in other provisions of existing law.
Existing law allows for a special meeting of stockholders to be held at the registered office
when certain conditions are met. New law retains existing law and also allows the meeting
to be held by remote communication as provided for in other provisions of existing law.
Existing law requires an authorized person calling a stockholders' meeting to provide written
notice which states the time, place, and purpose of the meeting. New law retains existing law
and specifies that for purposes of a meeting held by remote communication, the notice is to
describe the place by including the means of remote communication to be used and any
required access instructions.
Existing law provides that a person may be counted for purposes of a quorum if the person
is participating in person or by proxy. New law retains existing law and also allows a person
to be counted for purposes of a quorum if the person is attending by remote communication
as provided for in other provisions of existing law.
Existing law allows members and stockholders to vote in person or by proxy. New law
retains existing law and also allows a member or stockholder to vote by remote
communication as provided for in other provisions of existing law.
Existing law requires special meetings of the members of savings banks to be held at the
business office of the savings banks, or if that space is inadequate, in a designated space in
the same parish. New law retains existing law and also allows the meeting to occur by
remote communication as provided for in other provisions of existing law.
Existing law requires notice be provided for an annual meeting of a savings bank. The notice
is required to contain the time, place, and purpose of the meeting. New law retains existing
law and specifies that for purposes of a meeting held by remote communication, the notice
is to describe the place by including the means of remote communication to be used and any
required access instructions.
New law makes technical changes to citations in existing law.
Effective upon signature of governor (June 1, 2021).
(Amends R.S. 6:272(A)(1), (B)(2), and (D)(1), 273(B)(1), 274(C)(1), 709(E) and (F),
1182(B), 1183(A), 1185(A), and 1187(A) and R.S. 12:1-709(D))


Statutes affected:
HB298 Original: 6:272(A)(1), 6:273(B)(1), 6:274(C)(1), 6:709(E), 6:1182(B), 6:1183(A), 6:1185(A), 6:1187(A)
HB298 Engrossed: 6:272(A)(1), 6:273(B)(1), 6:274(C)(1), 6:709(E), 6:1182(B), 6:1183(A), 6:1185(A), 6:1187(A)
HB298 Enrolled: 6:272(A)(1), 6:273(B)(1), 6:274(C)(1), 6:709(E), 6:1182(B), 6:1183(A), 6:1185(A), 6:1187(A)
HB298 Act : 6:272(A)(1), 6:273(B)(1), 6:274(C)(1), 6:709(E), 6:1182(B), 6:1183(A), 6:1185(A), 6:1187(A)