§ 12:981 Terms defined
§ 12:982 Professional corporations
§ 12:982.1 Professional limited liability companies
§ 12:983 Corporate and limited liability company name
§ 12:984 Corporate and limited liability company authority
§ 12:985 Shares
§ 12:985.1 Members
§ 12:986 Certificate of stock
§ 12:986.1 Membership interest
§ 12:987 Liability of incorporators, subscribers, shareholders, directors, officers and agents
§ 12:987.1 Liability of holder of interest in a limited liability company
§ 12:988 Action of shareholders
§ 12:988.1 Action of holders of membership interest
§ 12:989 Shareholders’ agreements
§ 12:989.1 Membership ownership agreements
§ 12:990 Directors
§ 12:991 Officers and agents
§ 12:992 Merger and consolidation
§ 12:993 Dissolution
§ 12:994 Regulation by Louisiana State Board of Dentistry
§ 12:995 Short title

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Terms Used In Louisiana Revised Statutes > Title 12 > Chapter 11 - Professional Dental Corporations and Limited Liability Companies

  • Chief judge: The judge who has primary responsibility for the administration of a court but also decides cases; chief judges are determined by seniority.
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Docket: A log containing brief entries of court proceedings.
  • En banc: In the bench or "full bench." Refers to court sessions with the entire membership of a court participating rather than the usual quorum. U.S. courts of appeals usually sit in panels of three judges, but may expand to a larger number in certain cases. They are then said to be sitting en banc.
  • Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
  • Governing body: means the board or body in which the bond issuing power of a governmental unit is vested. See Louisiana Revised Statutes 13:5121
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Professional dental corporation: means a corporation organized pursuant to this Chapter for the practice of dentistry. See Louisiana Revised Statutes 12:981
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Revolving credit: A credit agreement (typically a credit card) that allows a customer to borrow against a preapproved credit line when purchasing goods and services. The borrower is only billed for the amount that is actually borrowed plus any interest due. (Also called a charge account or open-end credit.) Source: OCC
  • Service of process: The service of writs or summonses to the appropriate party.
  • 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.
  • Statute: A law passed by a legislature.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.