Terms Used In Louisiana Revised Statutes 40:600.88

  • 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.

There is hereby created a public body corporate and politic known as the Louisiana Housing Corporation.  The Louisiana Housing Corporation, referred to in this Chapter as the “corporation”, shall be an instrumentality of the state.

Acts 2011, No. 408, §1, eff. July 5, 2011.