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Terms Used In Louisiana Revised Statutes 33:9031

  • 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.
  • person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10

For the purpose of aiding in the implementation of an economic development plan, any local governmental subdivision may cooperate or engage in cooperative endeavors with any economic development corporation or other local governmental subdivision or any other private or public entity or person.

Added by Acts 1978, No. 617, §1; Acts 2002, No. 78, §2, eff. June 25, 2002.