§ 51:1 Definitions
§ 51:2 Bond
§ 51:3 Records of transactions; statements of sales; commissions
§ 51:4 Fraud; penalty
§ 51:5 Accounts of sales; contents; penalty
§ 51:6 Inspection of records by state officers, etc.
§ 51:7 Refusal to permit inspection; penalty
§ 51:8 Use of inspection; misuse; penalty
§ 51:9 Price fixing; excessive commissions; fraud; penalty
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Terms Used In Louisiana Revised Statutes > Title 51 > Chapter 1 > Part I - Commission Merchants

  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • 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.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Grand jury: agreement providing that a lender will delay exercising its rights (in the case of a mortgage,
  • 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: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10