Louisiana Revised Statutes > Title 9 > CODE TITLE XXII > Chapter 1 > Part II > Subpart E – The Office of Mortgages
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Terms Used In Louisiana Revised Statutes > Title 9 > CODE TITLE XXII > Chapter 1 > Part II > Subpart E - The Office of Mortgages
- Articles: means the original articles of incorporation and all amendments thereto including those contained in merger agreements or, if restated, the latest restatement thereof except in those instances in which the context refers expressly to the original articles of incorporation only. See Louisiana Revised Statutes 6:201
- 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.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Oath: A promise to tell the truth.
- person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10
- Quorum: The number of legislators that must be present to do business.
- Shares: means the units into which the stockholders' rights to participate in the control of the state bank, in its profits, or in the distribution of corporate assets are divided. See Louisiana Revised Statutes 6:201
- Stockholder: means the holder of record of one or more shares. See Louisiana Revised Statutes 6:201
- Total voting power: means the entirety of the voting power. See Louisiana Revised Statutes 6:201
- Trustee: A person or institution holding and administering property in trust.
- Voting power: means the right vested by law or by the articles or the bylaws in the stockholder or in one or more classes of stockholder to vote in the determination of any particular question or matter coming before meetings of the stockholders. See Louisiana Revised Statutes 6:201