Louisiana Revised Statutes 17:3396.9 – Dissolution of corporation
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Terms Used In Louisiana Revised Statutes 17:3396.9
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Upon dissolution of the corporation, all of the funds, property, both movable and immovable, and both tangible or intangible, assets, interests, rights, and all other property whatsoever, shall become owned by and shall inure to the benefit of the state.
Acts 1992, No. 882, §1.