Louisiana Revised Statutes > Title 27 > Chapter 4 > Part XII – Miscellaneous Provisions
Current as of: 2023 | Check for updates
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Other versions
| § 27:111 | Exemptions |
| § 27:112 | Legal shipments of gaming devices into the state |
| § 27:113 | Declaration of state’s exemption from operation of provisions of 15 U.S.C. 1172 |
Terms Used In Louisiana Revised Statutes > Title 27 > Chapter 4 > Part XII - Miscellaneous Provisions
- 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.
- Executor: A male person named in a will to carry out the decedent
- Fiduciary: A trustee, executor, or administrator.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- 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.
- person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10
- Quorum: The number of legislators that must be present to do business.
- Statute: A law passed by a legislature.