Louisiana Revised Statutes 51:2330 – Qualifications for tenants
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Terms Used In Louisiana Revised Statutes 51:2330
- Applicant: means a private nonprofit or public entity located in this state. See Louisiana Revised Statutes 51:2327
- Corporation: means the Louisiana Economic Development Corporation. See Louisiana Revised Statutes 51:2327
- 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.
- Small business incubator: means a multi-tenanted facility which is characterized by shared business services, equipment, space, and access to on-premises business consultants for tenants and which is operated by a private nonprofit or public entity. See Louisiana Revised Statutes 51:2327
A. The tenants of a small business incubator created by this Part shall be limited to technology based start-up companies.
B. The corporation shall define by rule a qualified technology based start-up company and establish eligibility qualifications for inclusion in a small business incubator.
C. In addition to the rules established by the corporation, the applicant may also establish additional qualifications for inclusion in a small business incubator which are not inconsistent with this Part.
Acts 2003, No. 1170, §1.