§ 51:31 Definitions
§ 51:32 Exemptions
§ 51:33 License required
§ 51:34 Application for license; supplemental license
§ 51:35 Issuance of license; fee
§ 51:36 License; record of application; abstract
§ 51:37 License; removal of goods
§ 51:38 Purchase of additional goods for resale
§ 51:39 Additional goods not to be added during the sale
§ 51:40 False advertising; penalty
§ 51:41 Violations; penalty
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Terms Used In Louisiana Revised Statutes > Title 51 > Chapter 1 > Part II - Fire, Bankruptcy, and Fiduciary Sales

  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Continuance: Putting off of a hearing ot trial until a later time.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Executor: A male person named in a will to carry out the decedent
  • Fiduciary: A trustee, executor, or administrator.
  • Goods: includes goods, wares, and merchandise. See Louisiana Revised Statutes 51:31
  • 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
  • Trustee: A person or institution holding and administering property in trust.