Terms Used In Louisiana Revised Statutes 45:307

  • 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.
  • person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10

The following words, when used in La. Rev. Stat. 45:307 through 45:315 have the meanings ascribed to them in this section except when a different meaning is expressly stated or clearly indicated by the context.

(1)  “Public Utility” means any firm, corporation, person, or legal entity of any kind engaged in the transportation and sale of gas and which is subject to the regulatory authority of the Louisiana Public Service Commission.

(2)  “Gas” means natural gas, flammable gas, or gas which is toxic or corrosive.

(3)  “Transportation of Gas” means the gathering, transmission or distribution of gas by pipeline or its storage.

(4)  “Pipeline Facilities” means any pipeline equipment, facility or building used in the transportation of gas.

(5)  “Commission” means the Louisiana Public Service Commission.

Added by Acts 1968, No. 81, §1.