§ 9:3141 Purpose
§ 9:3142 Short title
§ 9:3143 Definitions
§ 9:3144 Warranties; exclusions
§ 9:3145 Required notice
§ 9:3146 Peremption
§ 9:3147 Insurance
§ 9:3148 Transfer of warranty and insurance
§ 9:3149 Violations; limitations
§ 9:3150 Exclusiveness

Terms Used In Louisiana Revised Statutes > Title 9 > CODE TITLE VII > Chapter 5 - New Home Warranty Act

  • Board of directors: means the board of directors of the corporation created under this Chapter. See Louisiana Revised Statutes 12:951
  • Corporation: means a Louisiana industrial development corporation created under this Chapter. See Louisiana Revised Statutes 12:951
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Financial institution: means any banking corporation or trust company, savings and loan association, insurance company or related corporation, partnership, foundation, or other institution engaged primarily in lending or investing funds. See Louisiana Revised Statutes 12:951
  • 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
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Loan limit: means , for any member, the maximum amount permitted to be outstanding at one time on loans made by such member to the corporation, as determined under the provisions of this Chapter. See Louisiana Revised Statutes 12:951
  • Member: means any financial institution authorized to do business within this state which shall undertake to lend money to a corporation created under this Chapter, upon its call, and in accordance with the provisions of this Chapter. See Louisiana Revised Statutes 12:951
  • Personal property: All property that is not real property.
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • professional medical corporation: means a corporation organized pursuant to this Chapter for the practice of medicine or podiatry. See Louisiana Revised Statutes 12:901
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.