Terms Used In Louisiana Revised Statutes 12:1-501

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Service of process: The service of writs or summonses to the appropriate party.

            Each corporation shall continuously maintain in this state both of the following:

            (1) A registered office that may be, but need not be, the same as any of its places of business.

            (2) A registered agent, who may be either of the following:

            (a) An individual who resides in this state.

            (b) A domestic or foreign corporation or other eligible entity that does all of the following:

            (i) Continuously maintains an office in this state and, in the case of a foreign corporation or foreign eligible entity, is authorized to transact business in this state.

            (ii) Files with the secretary of state a statement setting forth the name of at least two individuals at its address in this state, each of whom is authorized to receive any process served on it as such agent.

            (iii) Acts as the agent of a corporation for service of process as authorized by its organizational documents

            Acts 2014, No. 328, §1, eff. Jan. 1, 2015; Acts 2015, No. 356, §1; Acts 2020, No. 50, §1, eff. June 5, 2020.