Louisiana Revised Statutes 12:1073 – The corporate name
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Terms Used In Louisiana Revised Statutes 12:1073
- 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.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
The corporate name shall consist of the full or last names of one or more voting shareholders, former voting shareholders or members of a predecessor nursing or anesthetists’ partnership; may include “Limited” or “Ltd.”; and shall end with one of the phrases, which may be in parentheses, “A Professional Nursing Corporation,” or “A Professional Corporation.”
The name need not contain “Incorporated” or “Inc.”
Added by Acts 1977, No. 730, §1.