Louisiana Revised Statutes 46:192 – Definitions
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Terms Used In Louisiana Revised Statutes 46:192
- 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.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Utility: means any publicly owned, investor-owned, cooperative or municipally controlled company, corporation, partnership, business, system, or person which supplies gas or electricity or both to residential consumers in Louisiana. See Louisiana Revised Statutes 46:192
As used in this Subpart, the following words and phrases shall have the meanings herein ascribed to each, unless the context clearly indicates otherwise:
(1) “Residential consumer” means an individual or family eligible for utility relief under the provisions of Title III of P.L. 96-223, the “Home Energy Assistance Act of 1980.”1
(2) “Utility” means any publicly owned, investor-owned, cooperative or municipally controlled company, corporation, partnership, business, system, or person which supplies gas or electricity or both to residential consumers in Louisiana.
Acts 1980, No. 712, §1.
142 U.S.C.A. §8601 et seq.