Louisiana Revised Statutes 39:1783 – Formation of corporation
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Terms Used In Louisiana Revised Statutes 39:1783
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- State: means the state of Louisiana or any agency or instrumentality thereof. See Louisiana Revised Statutes 39:1780
There is hereby authorized the formation and incorporation of a nonprofit corporation, the purpose of which shall be the financing and acquisition of correctional facilities for lease to the state of Louisiana.
Acts 1985, No. 893, §1, eff. July 23, 1985.