Louisiana Codes > Civil Code > PRELIMINARY TITLE > Title XXII > Chapter 1 – General Provisions
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Terms Used In Louisiana Codes > Civil Code > PRELIMINARY TITLE > Title XXII > Chapter 1 - General Provisions
- Child: means a person under eighteen years of age and not emancipated by marriage. See Louisiana Children's Code 1169
- Contract: A legal written agreement that becomes binding when signed.
- Department: means the Louisiana Department of Children and Family Services. See Louisiana Children's Code 1169
- Dependent: A person dependent for support upon another.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Mortgagee: The person to whom property is mortgaged and who has loaned the money.
- Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- 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.