Louisiana Revised Statutes 39:1482 – Definitions
Terms Used In Louisiana Revised Statutes 39:1482
- 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.
For purposes of this Chapter, the following words have the following meanings:
(1) “Grant” means an award from the Louisiana Competes Economic Development Program to a regional economic development organization.
(2) “Louisiana Competes Program” means the Louisiana Competes Regional Economic Development Program.
(3) “Qualified expenditure” shall having the meaning set forth in La. Rev. Stat. 39:1484.
(4) “Regional economic development organization” means any of the following: the Baton Rouge Area Chamber, or its successor; the Central Louisiana Economic Development Alliance, or its successor; Greater New Orleans, Inc., or its successor; the Northeast Louisiana Economic Alliance, or its successor; the North Louisiana Economic Partnership, or its successor; One Acadiana, or its successor; the South Central Planning and Development Commission, or its successor; or the Southwest Louisiana Economic Development Alliance, or its successor.
(5) “Secretary” means the secretary of the Department of Economic Development.
Acts 2022, No. 556, §1, eff. June 17, 2022.