§ 33:7601 Short title
§ 33:7602 Findings, declaration of necessity and purpose
§ 33:7603 Definitions
§ 33:7604 Creation of corporation; public hearing; adoption of resolution; certificate
§ 33:7605 Board of directors; appointment; tenure; compensation
§ 33:7606 Organization of corporation; employees; meetings; personal liability of directors
§ 33:7607 Removal of directors; right to counsel; record of proceedings
§ 33:7608 Advisory board; appointment; tenure; compensation; meetings
§ 33:7609 Conflict of interest; disclosure of interests; penalty
§ 33:7610 Powers of the corporations
§ 33:7610.1 Increment revenues
§ 33:7610.2 New community trust fund; mandatory contributions
§ 33:7611 Community development management
§ 33:7612 New community development plan; preparation; adoption; filing; modification
§ 33:7613 Acquisition of real property in new community development area
§ 33:7614 Subsidiary corporations; creation; purposes; powers; compensation of members
§ 33:7615 Disposition of property in new community development area
§ 33:7616 Development by corporations; surplus profits
§ 33:7617 Bonds of the corporations
§ 33:7618 Security for bonds or notes
§ 33:7619 Bonds and notes as legal investment
§ 33:7620 Corporation funds; audit; investment
§ 33:7621 Property exempt from taxes and from levy and sale by virtue of an execution
§ 33:7622 Assistance by state and local agencies
§ 33:7623 Title of purchase
§ 33:7624 Annual report
§ 33:7625 Encouragement of private enterprise
§ 33:7626 Indemnity of directors, officers, agents and employees
§ 33:7627 Authority of parishes, municipalities and subdivisions thereof to appropriate and dedicate funds to a new community trust fund

Terms Used In Louisiana Revised Statutes > Title 33 > Chapter 21 - New Community Development Corporations

  • Accident: means an unexpected or unforeseen actual, identifiable, precipitous event happening suddenly or violently, with or without human fault, and directly producing at the time objective findings of an injury which is more than simply a gradual deterioration or progressive degeneration. See Louisiana Revised Statutes 23:1021
  • administrator: means the administrator of the fraud section of the office of workers' compensation. See Louisiana Revised Statutes 23:1295
  • Advice and consent: Under the Constitution, presidential nominations for executive and judicial posts take effect only when confirmed by the Senate, and international treaties become effective only when the Senate approves them by a two-thirds vote.
  • Allegation: something that someone says happened.
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • Appraisal: A determination of property value.
  • Bequest: Property gifted by will.
  • Commission: means the Louisiana Workforce Commission. See Louisiana Revised Statutes 23:1
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Dependent: means the person or persons to whom, under the provisions of Part II of this Chapter, compensation shall be paid upon the death of the injured employee. See Louisiana Revised Statutes 23:1021
  • Devise: To gift property by will.
  • Docket: A log containing brief entries of court proceedings.
  • Donor: The person who makes a gift.
  • Education service agency: means a regional public multiservice administrative agency authorized by state law to develop, manage, and provide services or programs to local education agencies and includes any other public institution or agency having administrative control and direction over a public elementary or secondary school. See Louisiana Revised Statutes 17:1942
  • Enrolled bill: The final copy of a bill or joint resolution which has passed both chambers in identical form. It is printed on parchment paper, signed by appropriate officials, and submitted to the President/Governor for signature.
  • Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Ex officio: Literally, by virtue of one's office.
  • Fiduciary: A trustee, executor, or administrator.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Fraud: Intentional deception resulting in injury to another.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Health care provider: means a hospital, a person, corporation, facility, or institution licensed by the state to provide health care or professional services as a physician, hospital, dentist, registered or licensed practical nurse, pharmacist, optometrist, podiatrist, chiropractor, physical therapist, occupational therapist, psychologist, graduate social worker or licensed clinical social worker, psychiatrist, or licensed professional counselor, and any officer, employee, or agent thereby acting in the course and scope of his employment. See Louisiana Revised Statutes 23:1021
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • Local education agency: means a public board of education or other public authority legally constituted within Louisiana for administrative control and direction of or to perform a service function for public elementary or secondary schools in a city, parish, or other local public school district or other political subdivision. See Louisiana Revised Statutes 17:1942
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC
  • Office: means the office of workers' compensation administration established pursuant to La. See Louisiana Revised Statutes 23:1021
  • Payor: means the entity responsible, whether by law or contract, for the payment of benefits incurred by a claimant as a result of a work related injury. See Louisiana Revised Statutes 23:1021
  • Personal property: All property that is not real property.
  • 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.
  • Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Secretary: means the secretary of the commission. See Louisiana Revised Statutes 23:1
  • Subpoena duces tecum: A command to a witness to produce documents.
  • Summons: Another word for subpoena used by the criminal justice system.
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
  • Wages: means average weekly wage at the time of the accident. See Louisiana Revised Statutes 23:1021