Louisiana Revised Statutes 6:381 – Definitions
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Terms Used In Louisiana Revised Statutes 6:381
- 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
As used in this Subchapter:
(1) “Conservator” means the commissioner or his designee.
(2) “FDIC” means the Federal Deposit Insurance Corporation, and includes any successor to the corporation or other agency or instrumentality of the United States which may undertake to discharge the purposes of the corporation.
(3) “Receiver” means the person liquidating a state bank pursuant to Part II of this Subchapter.
(4) “Receivership court” means the district court for the parish in which the state bank is domiciled.
Acts 1984, No. 719, §1, eff. Jan. 1, 1985.