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Terms Used In Louisiana Revised Statutes 41:502

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • 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
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.

A.  Any person applying to enter land under the provisions of this Part shall first make and subscribe an affidavit:

(1)  That he is the head of a family or has reached the age of twenty-one years and is a citizen of this state;

(2)  That the application is made honestly and in good faith for the purpose of actual settlement and cultivation and to obtain a home for himself and not for speculation;

(3)  That the application is made for his own use and benefit and not directly or indirectly for the use or benefit of any other person, corporation or syndicate, to give them the benefit of the land or any part thereof or the timber thereon.

B.  Upon filing the affidavit with the Register of the State Land Office and the payment of ten dollars the applicant may enter the amount of land specified, and the register shall issue to the person his receipt therefor, which receipt shall be dated and numbered and shall describe the land so entered.

Amended by Acts 1960, No. 50, §1.