Title 51, Trade and Commerce
0 chapters · 1,237 sections in this title.
La. Rev. Stat. § 51:1152 Legislative findings and intent
4.4K chars
§1152. Legislative findings and intent A. The legislature hereby finds and determines: (1) That the existence, development and expansion of commerce and industry are essential to the economic growth of the state and to the full employment, welfare and prosperity of its citizens; …
La. Rev. Stat. § 51:1153 Proceedings to incorporate
1.1K chars
§1153. Proceedings to incorporate Whenever any number of natural persons, not less than three, each of whom are qualified electors of the municipality or the parish, file with the governing body thereof an application in writing seeking permission to apply for the incorporation o…
La. Rev. Stat. § 51:1154 Articles of incorporation
1.0K chars
§1154. Articles of incorporation In addition to the requirements of Title 12 of the Louisiana Revised Statutes of 1950, the articles of incorporation shall set forth: 1. The names and residences of the applicants, together with a recital that each of them is an elector of the mun…
La. Rev. Stat. § 51:1155 Amendment to articles
1.1K chars
§1155. Amendment to articles The articles of incorporation may at any time and from time to time be amended to make any changes therein and add any provisions thereto which might have been included in the certificate of incorporation in the first instance, provided that the membe…
La. Rev. Stat. § 51:1156 Board of directors
2.5K chars
§1156. Board of directors A.(1) The corporation shall have a board of directors in which all powers of the corporation shall be vested and which shall consist of any number of directors, not less than three, all of whom shall be duly qualified electors of the municipality or pari…
La. Rev. Stat. § 51:1157 Corporate powers
2.8K chars
§1157. Corporate powers A. In addition to the powers granted to such corporations elsewhere in the laws of Louisiana, the corporation shall have the following powers, together with all powers incidental thereto or necessary for the performance of those hereinafter stated: (1) To …
La. Rev. Stat. § 51:1157.1 Approval by State Bond Commission
0.5K chars
§1157.1. Approval by State Bond Commission Any proposed instrument which provides security for the payment of bonds issued by the corporation shall be approved by the State Bond Commission. The issuance and sale of any bonds by the corporation shall also be approved by the State …
La. Rev. Stat. § 51:1157.2 Preference in awarding contracts; labor
2.5K chars
§1157.2. Preference in awarding contracts; labor A. The State Bond Commission shall not grant preliminary approval of bonds for industrial development unless the project beneficiaries certify to the State Bond Commission and to the secretary of Louisiana Economic Development that…
La. Rev. Stat. § 51:1157.3 Rapides Parish industrial development board; bond issuance prohibited
0.4K chars
§1157.3. Rapides Parish industrial development board; bond issuance prohibited Beginning August 1, 1993, the Industrial Development Board of Rapides Parish shall be prohibited from issuing any bonds pursuant to the authority provided by Chapter 7 of Title 51 of the Louisiana Revi…
La. Rev. Stat. § 51:1158 Bonds of the corporation
3.8K chars
§1158. Bonds of the corporation All bonds issued by the corporation shall be payable solely out of the revenues and receipts derived from the leasing or sale by the corporation of its projects or of any thereof as may be designated in the proceedings of the board of directors und…
La. Rev. Stat. § 51:1158.1 Contesting bonds; peremption
1.3K chars
§1158.1. Contesting bonds; peremption Every resolution authorizing the issuance of bonds by a corporation and any lease, the payments under which are pledged as security for bonds, shall be published once in a newspaper published in the parish in which the corporation is located …
La. Rev. Stat. § 51:1159 Security for bonds
1.6K chars
§1159. Security for bonds The principal of and interest on any bonds issued by the corporation shall be secured by a pledge of the revenues and receipts out of which the same are made payable, and may be secured by a mortgage covering all or any part of the projects from which th…
La. Rev. Stat. § 51:1160 Exemption from taxation; classification of bonds
1.7K chars
§1160. Exemption from taxation; classification of bonds The corporation is hereby declared to be performing a public function on behalf of the municipality or parish with respect to which the corporation is organized and to be a public instrumentality of such municipality or pari…
La. Rev. Stat. § 51:1161 Municipality or parish not liable
0.6K chars
§1161. Municipality or parish not liable The municipality or the parish shall not in any event be liable for the payment of the principal of or interest on any bonds of the corporation, formed thereby or for the performance of any pledge, mortgage, obligation or agreement of any …
La. Rev. Stat. § 51:1162 Earnings of the corporation
1.2K chars
§1162. Earnings of the corporation The corporation shall be a nonprofit corporation, and no part of its net earnings remaining after payment of its expenses shall inure to the benefit of any individual, firm or corporation, except that in the event the board of directors of the c…
La. Rev. Stat. § 51:1163 Dissolution of corporation and vesting of title in municipality or parish
0.9K chars
§1163. Dissolution of corporation and vesting of title in municipality or parish Whenever the board of directors of the corporation, by resolution shall determine that the purposes for which the corporation was formed have been substantially complied with and that all bonds there…
La. Rev. Stat. § 51:1164 Recordation of documents without cost
0.5K chars
§1164. Recordation of documents without cost The articles of incorporation of the corporation, any deeds or other documents whereby properties are conveyed to the corporation, any mortgages executed by the corporation, and the certificate of dissolution of the corporation, all ma…
La. Rev. Stat. § 51:1165 Chapter cumulative; no notice required
1.0K chars
§1165. Chapter cumulative; no notice required Neither this chapter nor anything herein contained shall be construed as a restriction or limitation upon any powers which the corporation otherwise might have under any laws of this state, but shall be construed as cumulative of any …
La. Rev. Stat. § 51:1201 Promotion by parishes, municipalities, and port authorities
2.0K chars
§1201. Promotion by parishes, municipalities, and port authorities A. The parishes, municipalities, and port authorities created in accordance with the constitution and laws of the state of Louisiana are hereby authorized to promote the development of industry, trade, and commerc…
La. Rev. Stat. § 51:1202 Facilities to be furnished and maintained by industries located in industrial area
2.8K chars
§1202. Facilities to be furnished and maintained by industries located in industrial area A. Those industries located within the boundaries of any industrial area established pursuant to Subpart B-1 of Part IV of Chapter 1 of Title 33 of the Louisiana Revised Statutes of 1950 sha…
La. Rev. Stat. § 51:1203 Inclusion of industrial area within newly created municipality prohibited
0.3K chars
§1203. Inclusion of industrial area within newly created municipality prohibited No portion of an industrial area that provides any of the services enumerated in R.S. 51:1202 shall be included within any newly created municipality. Acts 1995, No. 581, §4, eff. June 18, 1995.
La. Rev. Stat. § 51:121 Commerce defined
0.1K chars
§121. Commerce defined Commerce means trade or commerce within the geographic boundaries of this state. Acts 2003, No. 933, §4.
La. Rev. Stat. § 51:122 Contracts, combinations and conspiracies in restraint of trade illegal; penalty
1.0K chars
§122. Contracts, combinations and conspiracies in restraint of trade illegal; penalty A. Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce in this state is illegal. B. Whoever violates this Section shall be fined not m…
La. Rev. Stat. § 51:123 Monopolizing trade or commerce prohibited; penalty
0.4K chars
§123. Monopolizing trade or commerce prohibited; penalty No person shall monopolize, or attempt to monopolize, or combine, or conspire with any other person to monopolize any part of the trade or commerce within this state. Whoever violates this Section shall be fined not more th…
La. Rev. Stat. § 51:124 Competitor, agreements discriminating against; manuals
1.9K chars
§124. Competitor, agreements discriminating against; manuals A. No person, engaged in commerce shall, in the course of such commerce, lease, sell, or contract for the sale of goods, wares, merchandise, machinery, supplies, or other commodities, whether patented or unpatented, for…
La. Rev. Stat. § 51:125 Corporations; transactions lessening competition; exceptions
2.5K chars
§125. Corporations; transactions lessening competition; exceptions A. No corporation, engaged in commerce, shall acquire, directly or indirectly, the whole or any part of the shares of another corporation, engaged in the same line of commerce, where the effect of the acquisition:…
La. Rev. Stat. § 51:1251 Short title
0.1K chars
§1251. Short title This Subpart shall be known and may be cited as the "Louisiana Visitor Travel and Hospitality Act." Acts 1983, No. 688, §4.
La. Rev. Stat. § 51:1252 Declaration of purpose
1.8K chars
§1252. Declaration of purpose A. The Legislature of Louisiana does hereby declare its findings regarding the state's role and responsibilities to foster the promotion of Louisiana as a place to visit and to encourage the development of the economy through expansion of the tourism…
La. Rev. Stat. § 51:1253 Definition of terms
2.8K chars
§1253. Definition of terms For the purposes of this Subpart, the terms used herein shall have the following meanings unless the context clearly indicates otherwise: (1) "Act 455 funds" mean the public monies appropriated by the legislature in accordance with Acts 1970, No. 455 an…
La. Rev. Stat. § 51:1254 Establishment of the office of tourism; purpose
0.7K chars
§1254. Establishment of the office of tourism; purpose There is hereby established the office of tourism as an agency of the state in the Department of Culture, Recreation, and Tourism. The office shall be responsible for the design, plan, development, and implementation of the e…
La. Rev. Stat. § 51:1255 Powers, duties, functions, and responsibilities of the office
4.9K chars
§1255. Powers, duties, functions, and responsibilities of the office The office shall have the following powers, duties, functions, and responsibilities: (1) Promote and assist expansion of tourism and the tourism industry in Louisiana. (2) Encourage employment opportunities for …
La. Rev. Stat. § 51:1256 Creation of the Louisiana Tourism Development Commission; domicile;
4.3K chars
§1256. Creation of the Louisiana Tourism Development Commission; domicile; composition; membership; confirmation; terms; vacancy A. The Louisiana Tourism Development Commission is hereby created, as an agency of the state in the Department of Culture, Recreation, and Tourism. The…
La. Rev. Stat. § 51:1257 Commission duties and responsibilities; meetings
3.0K chars
§1257. Commission duties and responsibilities; meetings A. The commission shall serve in an advisory capacity to the assistant secretary and to the secretary of the department on matters related to the development and implementation of programs to promote tourism and the historic…
La. Rev. Stat. § 51:1258 Assistant secretary; qualifications; selection; duties and responsibilities
3.4K chars
§1258. Assistant secretary; qualifications; selection; duties and responsibilities A. There shall be an assistant secretary who shall manage, direct, and supervise the office of tourism. The assistant secretary shall be a recognized professional who shall have at least five years…
La. Rev. Stat. § 51:1259 Cooperation and coordination with other agencies
3.4K chars
§1259. Cooperation and coordination with other agencies The office shall: (1) Cooperate with the office of state parks in all matters to promote and publicize the state parks system, its sites, and events connected with a park. (2) Cooperate with the office of the state museum in…
La. Rev. Stat. § 51:126 Corporation's violation attributable to officers, directors and agents responsible; penalty
0.5K chars
§126. Corporation's violation attributable to officers, directors and agents responsible; penalty Whenever a corporation violates any of the penal provisions of this Part the violation shall also be that of the individual officers, directors, or agents of the corporation who auth…
La. Rev. Stat. § 51:1260 Major Events Incentive Fund; Major Events Incentive Program
10.2K chars
§1260. Major Events Incentive Fund; Major Events Incentive Program A.(1) There is hereby created in the state treasury, as a special fund, the Major Events Incentive Fund, hereinafter referred to in this Section as the "fund". (2) The source of monies deposited into the fund shal…
La. Rev. Stat. § 51:1261 Events Incentive Fund
4.1K chars
§1261. Events Incentive Fund A.(1) There is hereby created in the state treasury, as a special fund, the Events Incentive Fund, hereinafter referred to in this Section as the "fund". (2) The source of monies deposited into the fund shall be any monies appropriated by the legislat…
La. Rev. Stat. § 51:1262 Welcome center sites; authorization; sale of juried Louisiana native crafts; fees authorized for capital improvements
2.6K chars
§1262. Welcome center sites; authorization; sale of juried Louisiana native crafts; fees authorized for capital improvements A. The following welcome centers are hereby authorized: (1) In or near the new State Capitol building. (2) In New Orleans, in or near the Vieux Carre'. (3)…
La. Rev. Stat. § 51:1262.1 Repealed by Acts 2012, No
0.1K chars
§1262.1. Repealed by Acts 2012, No. 834, §13, eff. July 1, 2012.
La. Rev. Stat. § 51:1263 Requirement to evaluate effectiveness
1.1K chars
§1263. Requirement to evaluate effectiveness A. The office shall develop criteria and implement an ongoing means of measurement pursuant to R.S. 51:1255(14), whereby it shall monitor, study, and evaluate its promotional programs and events to determine their effectiveness in a pa…
La. Rev. Stat. § 51:1264 Submission of plan to generate state revenues; certification; appropriations to department
2.4K chars
§1264. Submission of plan to generate state revenues; certification; appropriations to department A. The Department of Culture, Recreation and Tourism through the office of tourism is authorized to formulate a tourism development plan consisting of tourism promotion programs and …
La. Rev. Stat. § 51:1265 Logo for authentic Louisiana Cajun-Creole cuisine
0.9K chars
§1265. Logo for authentic Louisiana Cajun-Creole cuisine A. The office of tourism is hereby authorized to develop and adopt an official logo to indicate authentic Louisiana Cajun-Creole cuisine in this state as follows: (1) The office may register the logo as a trademark and may …
La. Rev. Stat. § 51:127 Idle manufacturing plants; presumption of violation; receivership; sale or lease
1.6K chars
§127. Idle manufacturing plants; presumption of violation; receivership; sale or lease Whenever in any suit on behalf of the state it appears to the court, by affidavit or otherwise, either in limine or upon trial, that any manufacturing plant has been closed and kept idle for mo…
La. Rev. Stat. § 51:1271 Repealed by Acts 2004, No
0.0K chars
§1271. Repealed by Acts 2004, No. 114, §2.
La. Rev. Stat. § 51:1272 Repealed by Acts 2004, No
0.0K chars
§1272. Repealed by Acts 2004, No. 114, §2.
La. Rev. Stat. § 51:1273 Repealed by Acts 2004, No
0.0K chars
§1273. Repealed by Acts 2004, No. 114, §2.
La. Rev. Stat. § 51:1274 Repealed by Acts 2004, No
0.0K chars
§1274. Repealed by Acts 2004, No. 114, §2.
La. Rev. Stat. § 51:1275 Repealed by Acts 2004, No
0.0K chars
§1275. Repealed by Acts 2004, No. 114, §2.
La. Rev. Stat. § 51:1276 Repealed by Acts 2004, No
0.0K chars
§1276. Repealed by Acts 2004, No. 114, §2.