Louisiana Revised Statutes 8:404 – Investigation by board
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Terms Used In Louisiana Revised Statutes 8:404
- Board: means the Louisiana Cemetery Board. See Louisiana Revised Statutes 8:1
- Directors: means the board of directors, board of trustees, or other governing body of a cemetery authority, cemetery sales organization, or cemetery management organization. See Louisiana Revised Statutes 8:1
Upon receipt of an application, together with the filing fee, the board shall cause an investigation to be made, prior to approval of an applicant, to determine each of the following:
(1) The legal entity that is to conduct the business of the applicant and if the entity is a foreign corporation, whether or not it is qualified to do business in Louisiana.
(2) The identity of the principal owners, principal stockholders, and all directors and officers, and the ability, experience, financial stability, and integrity of each of the parties to conduct the business stated in the application.
Acts 1974, No. 417, §1; Acts 2022, No. 574, §1.