Terms Used In Louisiana Revised Statutes 12:405

  • Cooperative: means a corporation organized under this Part and a corporation which becomes subject to this Part in the manner hereinafter provided. See Louisiana Revised Statutes 12:402

Five or more natural persons, or two or more cooperatives, may organize a cooperative in the manner hereinafter provided.  

Renumbered from R.S.1950, §12:305 by Acts 1968, No. 105, §3, eff. Jan. 1, 1969.