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Terms Used In Louisiana Revised Statutes 51:336

  • 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.

           Where a corporation has been convicted of a violation of the provisions of this Subpart, and continues or attempts to do business thereafter in this state, the Attorney General shall oust such corporation from all business of every kind and character in Louisiana.