§ 48:1091 Definitions
§ 48:1091.1 Statement of fiscal policy
§ 48:1092 Method of creation
§ 48:1093 General purposes and powers
§ 48:1094 Bonds
§ 48:1095 Contesting bond issue
§ 48:1096 Remedies of bondholders
§ 48:1097 Roads and grade separations; vacation and relocation of highways; surveys; public utility facilities
§ 48:1098 Interest in contracts
§ 48:1099 Tax exemption
§ 48:1100 Bonds as legal investment
§ 48:1101 Operation and maintenance of bridges and ferries
§ 48:1101.2 Greater New Orleans Mississippi River Bridges; transit lanes
§ 48:1102 Lease and conveyance of land to authority
§ 48:1103 Reports and audits
§ 48:1104 Tolls or fares
§ 48:1104.1 High occupancy toll lanes; establishment; requirements
§ 48:1105 Pledge against change of rights vested in authority
§ 48:1106 Methods and powers as additional and alternative

Terms Used In Louisiana Revised Statutes > Title 48 > Chapter 5 > Part I - Incorporation--Powers and Duties

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • 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.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • 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.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10
  • Personal property: All property that is not real property.
  • Quorum: The number of legislators that must be present to do business.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Trustee: A person or institution holding and administering property in trust.