Louisiana Revised Statutes 51:1402 – Definitions
Terms Used In Louisiana Revised Statutes 51:1402
- commerce: means the advertising, offering for sale, sale, or distribution of any services and any property, corporeal or incorporeal, immovable or movable, and any other article, commodity, or thing of value wherever situated, and includes any trade or commerce directly or indirectly affecting the people of the state. See Louisiana Revised Statutes 51:1402
- Consumer: means any person who uses, purchases, or leases goods or services. See Louisiana Revised Statutes 51:1402
- 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.
- Documentary material: means the original or a copy of any book, record, memorandum, paper, communication, tabulation, map, chart, photograph, mechanical transcription, or other tangible document or recording, wherever situated. See Louisiana Revised Statutes 51:1402
- Oath: A promise to tell the truth.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Person: means a natural person, corporation, trust, partnership, incorporated or unincorporated association, and any other legal entity. See Louisiana Revised Statutes 51:1402
- Testimony: Evidence presented orally by witnesses during trials or before grand juries.
As used in this Chapter, the following words and phrases shall have the meanings hereinafter ascribed to them:
(1) “Consumer” means any person who uses, purchases, or leases goods or services.
(2) “Consumer interest” means those acts, practices, or methods that affect the economic welfare of a consumer.
(3) “Consumer transaction” means any transaction involving trade or commerce to a natural person, the subject of which transaction is primarily intended for personal, family, or household use.
(4) “Documentary material” means the original or a copy of any book, record, memorandum, paper, communication, tabulation, map, chart, photograph, mechanical transcription, or other tangible document or recording, wherever situated.
(5) “Elder person” means any person sixty-five years of age or older.
(6) “Examination” of documentary material includes the inspection, study, or copying of any such material and the taking of testimony under oath or acknowledgment in respect to any such documentary material or copy thereof.
(7) “Knowingly” means that the act or practice used was such that a reasonably prudent businessman knew or should have known that the act or practice was a violation of this Chapter.
(8) “Person” means a natural person, corporation, trust, partnership, incorporated or unincorporated association, and any other legal entity.
(9) “Person with a disability” means a person with a mental, physical, or developmental disability that substantially impairs that person’s ability to provide adequately for his own care or protection.
(10)(a) “Trade” or “commerce” means the advertising, offering for sale, sale, or distribution of any services and any property, corporeal or incorporeal, immovable or movable, and any other article, commodity, or thing of value wherever situated, and includes any trade or commerce directly or indirectly affecting the people of the state.
(b) “Trade” or “commerce” shall include the advertising, offering for sale, sale, or distribution of an abortion-inducing drug in violation of La. Rev. Stat. 40:962.2.
Added by Acts 1972, No. 759, §1. Amended by Acts 1981, No. 873, §3, eff. Sept. 11, 1981; Acts 2006, No. 218, §1, eff. June 2, 2006; Acts 2014, No. 811, §28, eff. June 23, 2014; Acts 2022, No. 548, §3.