Louisiana Revised Statutes 12:202 – Incorporation
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Terms Used In Louisiana Revised Statutes 12:202
- 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.
One or more natural or artificial persons capable of contracting may form a nonprofit corporation under this Chapter.
Acts 1968, No. 105, §1.