Louisiana Revised Statutes > Title 26 > Chapter 2 > Part VI – Local Taxation and Regulation
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Terms Used In Louisiana Revised Statutes > Title 26 > Chapter 2 > Part VI - Local Taxation and Regulation
- Contract: A legal written agreement that becomes binding when signed.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.