Louisiana Revised Statutes 22:292 – Institutions
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Terms Used In Louisiana Revised Statutes 22:292
- Personal property: All property that is not real property.
- Society: means fraternal benefit society. See Louisiana Revised Statutes 22:284
A society may create, maintain and operate, or may establish organizations to operate, not for profit institutions to further the purposes permitted by La. Rev. Stat. 22:285(A)(2). Such institutions may furnish services free or at a reasonable charge. Any real or personal property owned, held, or leased by the society for this purpose shall be reported in every annual statement.
Acts 1958, No. 125. Acts 1987, No. 470, §1, eff. Jan. 1, 1988; Redesignated from La. Rev. Stat. 22:552 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
NOTE: Former La. Rev. Stat. 22:292 redesignated as La. Rev. Stat. 22:132 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.