§ 25:380.41 A. The Dew Drop-America’s Rock and Roll Museum, referred to in this Chapter as the “museum”, is established as a facility in the parish of Orleans, within the Department of Culture,
§ 25:380.42 A. The board of directors of the museum, referred to in this Chapter as the “board”, is hereby created as a body corporate within the department. The board shall have and exercise al
§ 25:380.43 The department may include in its annual budget request, required by R.S. 39:32, a request for funds necessary for support of the museum. The governor shall include in the executive
§ 25:380.44 A. The board may individually or in cooperation with any nonprofit corporation established to support the museum and its activities solicit and accept funds, governmental grants, don
§ 25:380.45 Any collection or other property of the museum may, subject to approval of the board, be lent in part. The board shall ensure proper safeguards for its maintenance and return and sha

Terms Used In Louisiana Revised Statutes > Title 25 > Chapter 5-G - Dew Drop-America's Rock and Roll Museum

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Attorney-in-fact: A person who, acting as an agent, is given written authorization by another person to transact business for him (her) out of court.
  • Donor: The person who makes a gift.
  • Escheat: Reversion of real or personal property to the state when 1) a person dies without leaving a will and has no heirs, or 2) when the property (such as a bank account) has been inactive for a certain period of time. Source: OCC
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Inter vivos: Transfer of property from one living person to another living person.
  • Pleadings: Written statements of the parties in a civil case of their positions. In the federal courts, the principal pleadings are the complaint and the answer.
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • subscriber: means the participant or policyholder; "attorney-in-fact" means the representative of the subscribers through whom reciprocal insurance is exchanged; and "reciprocal insurer" means the organization or group of all the subscribers. See Louisiana Revised Statutes 22:161