HLS 15RS-2411 ORIGINAL 2015 Regular Session HOUSE CONCURRENT RESOL UTION NO. 142 BY REPRESENTATIVE ABRAMSON CORPORATIONS: Requests the Louisiana State Law Institute to study and make recommendations regarding revision of nonprofit corporation law 1 A CONCURRENT RESOL UTION 2To urge and request the Louisiana State Law Institute to study and make recommendations 3 regarding revision of nonprofit corporation law in the state of Louisiana. 4 WHEREAS, the laws of the state with respect to nonprofit corporations were 5incorporated into the Louisiana Revised Statutes of 1950 and revised forty-seven years ago 6by Act No. 105 of the 1968 Regular Session; and 7 WHEREAS, some of these laws have been amended in more recent years by the 8legislature, but the nonprofit corporation law as a whole is now in need of revision; and 9 WHEREAS, the revision of the laws relative to nonprofit corporations is necessary 10to increase certainty and predictability of Louisiana nonprofit corporation law; and 11 WHEREAS, such revision of the laws relative to nonprofit corporations is also 12necessary to aid Louisiana nonprofit corporations in remaining competitive with counterparts 13in other states. 14 THEREFORE, BE IT RESOLVED that the Legislature of Louisiana does hereby 15urge and request the Louisiana State Law Institute to study and make recommendations 16regarding revision of the laws of the state relative to nonprofit corporations and to report its 17findings and recommendations to the legislature. 18 BE IT FURTHER RESOLVED that a copy of this Resolution be transmitted to the 19Louisiana State Law Institute. Page 1 of 2 HLS 15RS-2411 ORIGINAL HCR NO. 142 DIGEST The digest printed below was prepared by House Legislative Services. It constitutes no part of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)] HCR 142 Original 2015 Regular Session Abramson Requests the La. State Law Institute to study and make recommendations regarding revision of nonprofit corporation law in the state of La. Requests a report of its findings and recommendations to the legislature. Page 2 of 2