Louisiana Revised Statutes > Title 12 > Chapter 1 > Part 6 > Subpart C – Subsequent Acquisition of Shares by Shareholders and Corporation
Current as of: 2023 | Check for updates
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Other versions
§ 12:1-630 | Shareholders’ preemptive rights |
§ 12:1-631 | Corporation’s acquisition of its own shares |
Terms Used In Louisiana Revised Statutes > Title 12 > Chapter 1 > Part 6 > Subpart C - Subsequent Acquisition of Shares by Shareholders and Corporation
- admission: as used in this Chapter includes the charges made for seats and tables, reserved or otherwise, and other similar accommodations. See Louisiana Revised Statutes 4:44
- Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Association: means a savings association, thrift institution, homestead, building and loan association, savings and loan association, or society, including both capital stock and mutual associations. See Louisiana Revised Statutes 6:703
- Contract: A legal written agreement that becomes binding when signed.
- Decedent: A deceased person.
- Demand account: means an account payable on demand which is not a savings account. See Louisiana Revised Statutes 6:703
- Depositor: means a holder of a savings, demand, or other type of deposit account of an association. See Louisiana Revised Statutes 6:703
- Legatee: A beneficiary of a decedent
- Member: means a person or entity holding a savings or demand account of or shares of a mutual association, and may include a person borrowing from or assuming or obligated upon a loan or interest therein held by such association if such is authorized by the charter or the bylaws of the association. See Louisiana Revised Statutes 6:703
- Savings account: means an account to which earnings, including interest, is paid or accrued. See Louisiana Revised Statutes 6:703
- Share: means any share, certificate, security, account, or other evidence of funds invested in a mutual association by a member thereof, other than a savings or demand account. See Louisiana Revised Statutes 6:703
- Venue: The geographical location in which a case is tried.
- Withdrawal value: means the amount credited to the shares of a member or to a savings or demand account, less lawful deductions therefrom, as shown on the records of the association. See Louisiana Revised Statutes 6:703