§ 40:582.1 Short title
§ 40:582.2 Declaration of purpose
§ 40:582.3 Definitions
§ 40:582.4 Designation of area
§ 40:582.5 Duties and responsibilities of governing authority
§ 40:582.6 Duties and responsibilities of the department
§ 40:582.7 Incentives

Terms Used In Louisiana Revised Statutes > Title 40 > Chapter 3 > Part V - Louisiana Housing Development Area Law

  • 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.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • 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.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • 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
  • Trustee: A person or institution holding and administering property in trust.