Terms Used In Louisiana Revised Statutes 48:22

  • Contract: A legal written agreement that becomes binding when signed.

The department has all of the rights, powers, and immunities incident to corporations.  It may acquire, own, administer, alienate, and otherwise dispose of all kinds of property, movable and immovable, tangible and intangible; contract; adopt, alter, or destroy an official seal; sue and be sued, implead, and be impleaded.