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Terms Used In Louisiana Revised Statutes 56:305.2

  • 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.
  • Fish: as used in this Part , means all fish as defined in Louisiana Revised Statutes 56:301
  • 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.
  • person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10

A.  Except as provided by Subsection D, a commercial gear license can only be purchased by a person possessing a valid commercial fisherman’s license.

B.  Except as provided by Subsection D, commercial gear licenses will only be issued in the name of the purchaser and shall list the purchaser’s name, address, and license number of the purchaser’s commercial fisherman’s license.

C.  The licensee is responsible for all activities taking place under privilege of the license.

D.  For the purpose of a commercial gear license for the fishing of menhaden or other herring-like fish, the commercial gear license may be issued to any person, association, partnership, corporation, or any other entity recognized by law.

Acts 1986, No. 904, §1; Acts 1997, No. 4, §1, eff. May 17, 1997.

{{NOTE:  SEE ACTS 1986, NO. 904, §5.}}