Louisiana Revised Statutes > Title 47 > Subtitle V > Chapter 6 – Contracts for Businesses
Current as of: 2024 | Check for updates
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Other versions
§ 47:4351 | Definitions |
§ 47:4352 | Program administration |
§ 47:4353 | Parish participation |
§ 47:4354 | Targeted non-manufacturing business |
§ 47:4355 | Contracts |
Terms Used In Louisiana Revised Statutes > Title 47 > Subtitle V > Chapter 6 - Contracts for Businesses
- Contract: A legal written agreement that becomes binding when signed.
- 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.
- 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.