§ 51:3051 This Chapter shall be known and may be cited as the “Transparency in Ownership of Critical Infrastructure Law”.
§ 51:3052 As used in this Chapter, the following terms have the meanings ascribed unless the context clearly indicates otherwise:
§ 51:3053 A. A governmental entity shall not enter into a contract or other agreement relating to critical infrastructure in this state with a company if, under the contract or other agreement
§ 51:3054 A. The governor, after consultation with the director of the Governor’s Office of Homeland Security and Emergency Preparedness, may designate a country as a threat to critical infras

Terms Used In Louisiana Revised Statutes > Title 51 > Chapter 49 - Prohibition On Contracts With Certain Foreign-Owned Companies in Connection With Critical Infrastructure

  • Company: means a sole proprietorship, organization, association, corporation, partnership, joint venture, limited partnership, limited liability partnership, or limited liability company, including a wholly owned subsidiary, majority-owned subsidiary, parent company, or affiliate of those entities or business associations, that exists to make a profit. See Louisiana Revised Statutes 51:3052
  • Critical infrastructure: means a communication infrastructure system, cybersecurity system, electric grid, hazardous waste treatment system, or water treatment facility. See Louisiana Revised Statutes 51:3052
  • Cybersecurity: means the measures taken to protect a computer, computer network, computer system, or other technology infrastructure against unauthorized use or access. See Louisiana Revised Statutes 51:3052
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Designated country: means a country designated by the governor as a threat to critical infrastructure pursuant to La. See Louisiana Revised Statutes 51:3052
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Fixed Rate: Having a "fixed" rate means that the APR doesn't change based on fluctuations of some external rate (such as the "Prime Rate"). In other words, a fixed rate is a rate that is not a variable rate. A fixed APR can change over time, in several circumstances:
    • You are late making a payment or commit some other default, triggering an increase to a penalty rate
    • The bank changes the terms of your account and you do not reject the change.
    • The rate expires (if the rate was fixed for only a certain period of time).
  • Governmental entity: means a state agency or political subdivision of this state. See Louisiana Revised Statutes 51:3052
  • 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.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • Transcript: A written, word-for-word record of what was said, either in a proceeding such as a trial or during some other conversation, as in a transcript of a hearing or oral deposition.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.