Louisiana Revised Statutes 12:901 – Terms defined
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Terms Used In Louisiana Revised Statutes 12:901
- 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.
A. As used in this Chapter, “professional medical corporation” means a corporation organized pursuant to this Chapter for the practice of medicine or podiatry.
B. All terms used both in this Chapter and in Chapter 1 of this Title shall have the same meaning when used in this Chapter, as when used in Chapter 1.
Added by Acts 1968, No. 27, §1; Acts 2005, No. 304, §1.