§ 51:1101 Definitions
§ 51:1102 Authorization to incorporate; number of incorporations
§ 51:1103 Articles of incorporation
§ 51:1104 Corporate powers
§ 51:1105 Approval by Board of Commerce and Industry
§ 51:1106 Failure to commence to do business
§ 51:1107 Lending power; limitation

Terms Used In Louisiana Revised Statutes > Title 51 > Chapter 6 - Business Development Corporations

  • Business: includes any commercial type activity whether conducted by an individual, firm, partnership, corporation, association or insurance company, provided such commercial type activity is located and doing business within the state of Louisiana. See Louisiana Revised Statutes 51:1101
  • Corporation: means a Louisiana business development corporation created under this Chapter. See Louisiana Revised Statutes 51:1101
  • Donor: The person who makes a gift.
  • Office: shall mean the office of the secretary in the Louisiana Department of Health. See Louisiana Revised Statutes 40:1263.1
  • 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.
  • Persons: includes individuals, firms, partnerships, corporations, trusts, associations and insurance companies. See Louisiana Revised Statutes 51:1101
  • Secretary: shall mean the secretary of the Louisiana Department of Health, or his designated representative. See Louisiana Revised Statutes 40:1263.1