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)]
HB 284 Original 2016 Regular Session Foil
Abstract: Makes changes applicable to restated articles of incorporation and corrected annual
reports.
Present law authorizes a corporation to amend articles of incorporation and to subsequently file with
the secy. of state a consolidated, single document of the restated articles of incorporation.
Proposed law changes present law to require a corporation to include the entire text of the original
articles of incorporation, as amended by all amendments, in its filing of the restated articles of
incorporation.
Present law requires a corporation to timely file an annual report with the secy. of state on or before
the anniversary date of incorporation. Further requires the secy. of state to return to the corporation
an annual report that requires correction by the corporation. Proposed law retains present law.
Present law provides that if a corporation delivers a corrected annual report to the secy. of state
within 30 days after the effective date of notice, the corrected annual report is deemed to be timely
filed. Proposed law deletes present law.
(Amends R.S. 12:1-1007(A) and (C) and 1-1621(D))