Louisiana Revised Statutes 12:204.2 – Naming of certain nonprofit corporations
Terms Used In Louisiana Revised Statutes 12:204.2
- 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.
- Juror: A person who is on the jury.
- nonprofit corporation: means a corporation formed under this Chapter, as well as a corporation formed under the laws of this state before January 1, 1969 but of a class of corporations that might be formed under this Chapter. See Louisiana Revised Statutes 12:201
Notwithstanding La. Rev. Stat. 12:204 or any other law to the contrary, a nonprofit corporation, incorporated under the laws of the state of Louisiana, may include the word “parish” in its name if the corporation meets all of the following criteria:
(1) The nonprofit corporation was created before 1925 to improve parish government.
(2) Membership in the nonprofit corporation is held by each police juror and all secretaries, treasurers, clerks and parish engineers employed by any parish in Louisiana.
(3) The full-time staff of the nonprofit corporation is charged with the responsibility of keeping state and national public officials informed of the activities and needs of the parish governing authorities.
(4) The provisions of this Section shall become null and void and have no effect on and after July 1, 2006.
Acts 2005, No. 275, §1, eff. July 1, 2005.