§ 51:2311 Louisiana Economic Development Corporation; creation; domicile; board of directors; terms; agency
§ 51:2312 Powers and authority; duties
§ 51:2313 Examination by commissioner of financial institutions and audits by independent certified public accountants and by the legislative auditor
§ 51:2314 Qualified state development company
§ 51:2315 Louisiana Economic Development Fund
§ 51:2317 Application fees and origination fees
§ 51:2318 Laws applicable to the corporation
§ 51:2320 Appropriations; warrants; records
§ 51:2320.1 Conflict of interest prohibited; recusal; exceptions
§ 51:2320.2 Exemption from taxation
§ 51:2320.3 Penalty for false statements
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Terms Used In Louisiana Revised Statutes > Title 51 > Chapter 39 > Part II - Louisiana Economic Development Corporation

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Bequest: Property gifted by will.
  • Bonds: means any bond, refunding bond, note, debenture, interim certificate or any bond, grant, or any other evidences of indebtedness of the corporation whether in temporary or in definitive form and whether or not exempt from federal taxation. See Louisiana Revised Statutes 51:2303
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Corporation: means the Louisiana Economic Development Corporation as established in Part II of this Chapter. See Louisiana Revised Statutes 51:2303
  • Devise: To gift property by will.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Fund: means the Louisiana Economic Development Fund. See Louisiana Revised Statutes 51:2332
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10
  • Program: means the Workforce Development and Training Program. See Louisiana Revised Statutes 51:2332
  • Quorum: The number of legislators that must be present to do business.