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Terms Used In Louisiana Revised Statutes 41:1173

  • 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.

The governor and the Register of the State Land Office may grant rights of way across and through any public lands belonging to the state to any individual or corporation doing business in this state, provided that adequate consideration is paid the state by the grantee of the right.