Louisiana Revised Statutes 37:1964 – Exemptions
Terms Used In Louisiana Revised Statutes 37:1964
- Charity: An agency, institution, or organization in existence and operating for the benefit of an indefinite number of persons and conducted for educational, religious, scientific, medical, or other beneficent purposes.
The provisions of this Chapter shall not apply to:
(1) Dealers in coins and currency, dealers in antiques, nor to gun and knife shows or other trade and hobby shows.
(2) Persons solely engaged in the business of buying, selling, trading in, or otherwise acquiring or disposing of motor vehicles and used parts of motor vehicles, excluding tires and rims, nor wreckers or dismantlers of motor vehicles who are licensed pursuant to the provisions of La. Rev. Stat. 32:783 et seq.
(3) Private residential sales commonly known as “garage sales” or “yard sales” as long as such sales take place at a residential address.
(4) Any bona fide charity possessing a valid exemption under Section 501(c)(3) of the Internal Revenue Code.
(5) The operations of a company that has received a permit, registration, or other authorization from the Department of Environmental Quality for the collection, transportation, treatment, storage, processing of materials to be recycled or reused or disposal of solid waste as defined in La. Rev. Stat. 30:2153.
(6) Persons operating as pawnbrokers pursuant to La. Rev. Stat. 37:1785.
(7) The purchase of firearms for disposal from a law enforcement agency.
(8) The purchase of materials from any manufacturing, industrial, or other commercial vendor that generates the materials as a byproduct or recyclable waste or sells such materials in the ordinary course of its business.
Acts 2012, No. 827, §1, eff. June 14, 2012.