Louisiana Revised Statutes 45:1601 – As used in this Chapter, the following terms and phrases have the meanings hereinafter ascribed to them:
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Terms Used In Louisiana Revised Statutes 45:1601
- 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.
- Department: means the Louisiana Department of Health. See Louisiana Revised Statutes 45:1601
- Lending entity: means the governmental or financial entity providing financing to a water cooperative. See Louisiana Revised Statutes 45:1601
- Water cooperative: means any nonprofit water utility cooperative or corporation that is wholly owned by water user members and eligible to receive financing from a lending entity. See Louisiana Revised Statutes 45:1601
As used in this Chapter, the following terms and phrases have the meanings hereinafter ascribed to them:
(1) “Department” means the Louisiana Department of Health.
(2) “Lending entity” means the governmental or financial entity providing financing to a water cooperative.
(3) “U.S.D.A.” means the United States Department of Agriculture.
(4) “Water cooperative” means any nonprofit water utility cooperative or corporation that is wholly owned by water user members and eligible to receive financing from a lending entity.
Acts 2016, No. 444, §1, eff. June 9, 2016.