Louisiana Codes > Civil Code > BOOK III > Title XI > Chapter 3 – Relations of the Partnership and the Partners With Third Persons
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Terms Used In Louisiana Codes > Civil Code > BOOK III > Title XI > Chapter 3 - Relations of the Partnership and the Partners With Third Persons
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Child: means a person under eighteen years of age and not emancipated by marriage. See Louisiana Children's Code 1103
- Clerk of court: An officer appointed by the court to work with the chief judge in overseeing the court's administration, especially to assist in managing the flow of cases through the court and to maintain court records.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Department: means the Louisiana Department of Children and Family Services. See Louisiana Children's Code 1103
- 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.