Terms Used In Louisiana Revised Statutes 25:379.3

  • 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. The Louisiana State Exhibit Museum shall cooperate with Louisiana schools and institutions of higher education in the teaching of social history, cultural history, natural history, art, science, technology, and the culture of Louisiana emphasizing the northwest region of Louisiana.

            B. The board shall have custody of, and, together with the Department of State, shall administer, manage, operate, maintain, and preserve the buildings, collections, and exhibitions of the Louisiana State Exhibit Museum located in the city of Shreveport including, but not limited to, the museum.

            C. Notwithstanding any provision of the law to the contrary, and in particular the provisions of La. Rev. Stat. 41:1212, the board may enter into contracts and agreements with any public agency or nonprofit corporation which has been established for the primary purpose of supporting the programs and activities of the Louisiana State Exhibit Museum, including the Friends of the Louisiana State Exhibit Museum, for the establishment of exhibits on the property of and in the Louisiana State Exhibit Museum. Any public agency may enter into contracts and agreements with the board for the purposes mentioned in this Subsection.

            Acts 1991, No. 9, §1, eff. June 6, 1991; Acts 2020, No. 212, §1, eff. June 11, 2020.