Louisiana Revised Statutes 12:1154 – Corporate authority
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Terms Used In Louisiana Revised Statutes 12:1154
- 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.
A professional veterinary medicine corporation shall engage in no business other than the practice of veterinary medicine, but may hold property for investment or in connection with its veterinary medical practice.
Added by Acts 1982, No. 218, §1.