Terms Used In Louisiana Revised Statutes > Title 51 > Chapter 1 > Part VIII > Subpart I - Boat Designs

• 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.
• Direct molding process: means any direct molding process in which the original manufactured vessel hull or component part of a vessel hull is itself used as a plug for the making of the mold, which is then used to manufacture a duplicate item. See Louisiana Revised Statutes 51:462
• Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
• 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}
• Mold: means a matrix or form in which a substance or material is shaped. See Louisiana Revised Statutes 51:462
• person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10
• Plug: means a device or model used to make a mold for the purpose of duplication. See Louisiana Revised Statutes 51:462