Terms Used In Louisiana Revised Statutes 41:1221

  • 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.
  • person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10

Any person violating any of the provisions of this Part shall be fined not more than five hundred dollars and not less than twenty-five dollars or be imprisoned for not less than ten days or more than ninety days, or both.  In the case of a violation of this Part by any corporation, the corporation shall be subject to a fine, and the executive officer of the corporation shall be subject to fine and imprisonment as the representative of the corporation, as provided for individuals in this section.