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La. Rev. Stat. § 51:1 Definitions
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§1. Definitions As used in this Part: Commission merchant means every person who sells in this state on commission or buys as broker or agent for or on account of any person, farm products, fish, oysters, shrimp, crabs, game, or fur skins. Farm products means all agricultural, ho…
La. Rev. Stat. § 51:1001 Entry into compact; purpose
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§1001. Entry into compact; purpose NOTE: AS ENACTED BY ACTS 1960, NO. 389, §2: The Southern Interstate Nuclear Compact is hereby enacted into law and entered into by the state of Louisiana with any and all states legally joining therein in accordance with its terms. The party sta…
La. Rev. Stat. § 51:1002 Board member
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§1002. Board member NOTE: AS ENACTED BY ACTS 1960, NO. 389, §2: The governor shall appoint one member of the Southern Interstate Nuclear Board as established by Article II of the Compact. Said member shall serve at the pleasure of the governor for a term of four years and may be …
La. Rev. Stat. § 51:1003 Cooperation of departments, agencies and officers
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§1003. Cooperation of departments, agencies and officers NOTE: AS ENACTED BY ACTS 1960, NO. 389, §2: The departments, agencies and officers of this state and its subdivisions are hereby authorized to cooperate with the Southern Interstate Nuclear Board in the furtherance of any o…
La. Rev. Stat. § 51:1004 Advisory and technical committees
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§1004. Advisory and technical committees NOTE: ACTS 1979, NO. 576, §1, EFF. UPON APPROVAL BY NINE PARTY STATES AND CONGRESS: The board may establish such advisory and technical committees as it may deem necessary, membership on which to include but not be limited to private citiz…
La. Rev. Stat. § 51:1005 Powers
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§1005. Powers NOTE: ACTS 1979, NO. 576, §1, EFF. UPON APPROVAL BY NINE PARTY STATES AND CONGRESS: The board shall have power to: A. Ascertain and analyze on a continuing basis the position of the South with respect to energy, energy related industries, and environmental concerns.…
La. Rev. Stat. § 51:1006 Supplementary agreements
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§1006. Supplementary agreements NOTE: ACTS 1979, NO. 576, §1, EFF. UPON APPROVAL BY NINE PARTY STATES AND CONGRESS: A. To the extent that the board has not undertaken an activity or project which would be within its power under the provisions of R.S. 51:1005 of this compact, any …
La. Rev. Stat. § 51:1007 Other laws
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§1007. Other laws NOTE: ACTS 1979, NO. 576, §1, EFF. UPON APPROVAL BY NINE PARTY STATES AND CONGRESS: Nothing in this compact is intended or shall be construed to: 1. Permit or require any person or other entity to avoid or refuse compliance with any law, rule, regulation, order,…
La. Rev. Stat. § 51:1008 Eligible parties; entry and withdrawal
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§1008. Eligible parties; entry and withdrawal NOTE: ACTS 1979, NO. 576, §1, EFF. UPON APPROVAL BY NINE PARTY STATES AND CONGRESS: A. Any or all of the states of Alabama, Arkansas, Delaware, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, Missouri, North Carolina, Ok…
La. Rev. Stat. § 51:1009 Severability and construction
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§1009. Severability and construction NOTE: ACTS 1979, NO. 576, §1, EFF. UPON APPROVAL BY NINE PARTY STATES AND CONGRESS: The provisions of this compact and of any supplementary agreement entered into hereunder shall be severable and if any phrase, clause, sentence, or provision o…
La. Rev. Stat. § 51:1010 Members from Louisiana
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§1010. Members from Louisiana The governor, the president of the Senate, and the speaker of the House of Representatives each shall appoint one member, who shall serve at the pleasure of the appointing officer for a four year term and who may be reappointed. If any of said member…
La. Rev. Stat. § 51:1011 Cooperation of departments, agencies, and officers
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§1011. Cooperation of departments, agencies, and officers The departments, agencies, and officers of this state and its subdivisions are hereby authorized to cooperate with the Southern States Energy Board in the furtherance of any of its activities pursuant to the Compact. Acts …
La. Rev. Stat. § 51:1021 Entry into alliance; purpose
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§1021. Entry into alliance; purpose A. The Tri-State Delta Economic Alliance is hereby enacted into law and entered into by the state of Louisiana to be formed with Arkansas and Mississippi legally joining therein in accordance with its terms. B. The alliance shall include but no…
La. Rev. Stat. § 51:1022 Cooperative endeavors involving the state
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§1022. Cooperative endeavors involving the state The governor, on behalf of the state, is authorized to enter into cooperative endeavor agreements with Arkansas and Mississippi for the public purpose of enhancing or maintaining the economic well-being of the delta region of the s…
La. Rev. Stat. § 51:1023 Finances
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§1023. Finances The governor is authorized, on behalf of the state, to apply for and receive and accept from any federal agency, the state, and/or the political subdivisions of the state or from any source, public or private, grants, loans, or advances for or in the aid of an eco…
La. Rev. Stat. § 51:1024 Cooperation of departments, agencies, and officers
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§1024. Cooperation of departments, agencies, and officers The departments, agencies, and officers of this state and its subdivisions are hereby authorized to cooperate in the furtherance of any of the activities pursuant to the Tri-State Delta Economic Alliance. Acts 1997, No. 12…
La. Rev. Stat. § 51:1031 Short title
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§1031. Short title This Chapter shall be named and may be cited as the Louisiana Strategic Plan to Combat Poverty Act. Acts 2002, 1st Ex. Sess., No. 44, §1, eff. April 18, 2002; Acts 2002, 1st Ex. Sess., No. 162, §3, eff. April 26, 2002.
La. Rev. Stat. § 51:1032 Legislative findings; declaration of purpose
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§1032. Legislative findings; declaration of purpose A.(1) The legislature finds that although the state has made strides in the past decade in reducing the poverty rate, according to statistical data published by the United States Bureau of the Census for the 2000 federal decenni…
La. Rev. Stat. § 51:1035 Strategic Plan to Combat Poverty; Northeast and targeted parishes
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§1035. Strategic Plan to Combat Poverty; Northeast and targeted parishes A. The plan shall be available and applicable throughout the state. However, as a priority, the plan shall specifically target the following northeast and targeted parishes for inclusion within priority econ…
La. Rev. Stat. § 51:1036 Criteria
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§1036. Criteria In furtherance of the provisions of this Chapter, the secretaries of Louisiana Economic Development and the Louisiana Department of Health shall give consideration to the following areas: (1) Creation and expansion of enterprise zones as provided for in R.S. 51:17…
La. Rev. Stat. § 51:1037 Duties of the departments; reports
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§1037. Duties of the departments; reports A. The secretaries of the Departments of Louisiana Economic Development and the Louisiana Department of Health, as provided for in R.S. 36:104(A)(14) and 254(A)(12)(c), respectively, shall submit an annual report to the Senate and House a…
La. Rev. Stat. § 51:1041 Strategic plan to combat poverty; renewal of communities; criterion;
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§1041. Strategic plan to combat poverty; renewal of communities; criterion; implementation A. The plan shall be a coordinated attempt to address the economic needs of the state's economically disadvantaged citizens whose concerns have not been addressed through the enactment of t…
La. Rev. Stat. § 51:1045.1 Legislative findings
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§1045.1. Legislative findings The legislature finds that poverty is one of the greatest enemies of human dignity and undermines the general welfare of the people of Louisiana. It destroys the liberty our ancestors fought so hard to preserve, a fight that continues today. The legi…
La. Rev. Stat. § 51:1045.2 Solutions to poverty initiative; coordination
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§1045.2. Solutions to poverty initiative; coordination A. The Department of Children and Family Services shall be in charge of coordinating the overall development and implementation of the Governor's Solutions to Poverty Plan. The head of each of the following departments, offic…
La. Rev. Stat. § 51:1045.3 Solutions to poverty initiative; implementation
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§1045.3. Solutions to poverty initiative; implementation A. The departments, offices and commissions listed in R.S. 51:1045.2 shall plan to implement through feasibility studies, in those parishes listed in R.S. 51:1035(A), the solutions recommended by the Governor's Summit on So…
La. Rev. Stat. § 51:1051 Alliance; purpose; entry; effectiveness
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§1051. Alliance; purpose; entry; effectiveness A. The Mississippi, Alabama, Louisiana and Texas Supercommittee, to be known as MALTS, is hereby enacted into the law of and entered into by the state of Louisiana to be formed with Alabama, Mississippi and Texas. The supercommittee …
La. Rev. Stat. § 51:1052 Cooperative endeavors involving the state
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§1052. Cooperative endeavors involving the state The governor, on behalf of Louisiana, is authorized to enter into cooperative endeavor agreements with Alabama, Mississippi, and Texas for the public purpose of restoring and revitalizing the state. However, prior to the governor e…
La. Rev. Stat. § 51:1053 Finances
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§1053. Finances The governor is authorized, on behalf of the state, to apply for and receive and accept from any federal agency, the state, or the political subdivisions of the state or from any source, public or private, grants, loans, or advances for or in the aid of the restor…
La. Rev. Stat. § 51:1054 Cooperation of departments, agencies, and officers; cooperation with the Louisiana Recovery Authority
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§1054. Cooperation of departments, agencies, and officers; cooperation with the Louisiana Recovery Authority A. The departments, agencies, and officers of this state and its subdivisions are hereby authorized to cooperate in the furtherance of any of the activities pursuant to th…
La. Rev. Stat. § 51:1055 Short title
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§1055. Short title This Chapter shall be named and may be cited as the "Empowering Families to Live Well Louisiana Act". Acts 2018, No. 581, §1, eff. May 31, 2018.
La. Rev. Stat. § 51:1056 Legislative findings; declaration of purpose
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§1056. Legislative findings; declaration of purpose A.(1) The legislature finds that poverty is one of the greatest enemies of human dignity and the family unit and undermines the general welfare of the people of Louisiana and significant portions of the state suffer from the eff…
La. Rev. Stat. § 51:1057 Empowering Families to Live Well Louisiana Council and implementation plan
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§1057. Empowering Families to Live Well Louisiana Council and implementation plan A. There is hereby established the Empowering Families to Live Well Louisiana Council to assist and empower struggling families throughout Louisiana. The council is hereby established within the Dep…
La. Rev. Stat. § 51:1058 Live Well Louisiana Fund
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§1058. Live Well Louisiana Fund A. There is hereby created in the state treasury, as a special fund, the Live Well Louisiana Fund, hereinafter referred to as the "fund". B.(1) The source of monies deposited into the fund shall be any monies appropriated annually by the legislatur…
La. Rev. Stat. § 51:1101 Definitions
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§1101. Definitions As used in this Chapter, the following words and phrases, unless the text otherwise clearly indicates, shall have the following meanings: (1) "Corporation" means a Louisiana business development corporation created under this Chapter. (2) "Persons" includes ind…
La. Rev. Stat. § 51:1102 Authorization to incorporate; number of incorporations
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§1102. Authorization to incorporate; number of incorporations Fifteen or more persons, a majority of whom are residents of or domiciled in the state of Louisiana, who desire to create a business development corporation or corporations under the provisions of this Chapter for the …
La. Rev. Stat. § 51:1103 Articles of incorporation
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§1103. Articles of incorporation Each corporation formed under this Chapter shall prepare and file articles of incorporation setting forth, in addition to the requirements of the provisions of Chapter 1 of Title 12 of the Louisiana Revised Statutes of 1950, the following: (1) The…
La. Rev. Stat. § 51:1104 Corporate powers
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§1104. Corporate powers In furtherance of the purposes of corporations formed under the provisions of this Chapter, the powers conferred on business corporations by the provisions of Chapter 1 of Title 12 of the Louisiana Revised Statutes of 1950, shall apply to any corporation o…
La. Rev. Stat. § 51:1105 Approval by Board of Commerce and Industry
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§1105. Approval by Board of Commerce and Industry Before the certificate of incorporation of any corporation organized pursuant to this Chapter shall become effective and before the charter for said corporation may be issued by the secretary of state, the said certificate or arti…
La. Rev. Stat. § 51:1106 Failure to commence to do business
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§1106. Failure to commence to do business If a corporation organized pursuant to this Chapter fails to commence to do business within three years from the effective date of the approval of its articles of incorporation or the granting of its charter by the secretary of state, whi…
La. Rev. Stat. § 51:1107 Lending power; limitation
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§1107. Lending power; limitation No corporation organized under the provisions of this Chapter shall lend money to any person engaged in the business of lending money to any other person for profit. Acts 1962, No. 434, §7.
La. Rev. Stat. § 51:1141 Citation
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§1141. Citation This Chapter may be cited as the Venture Capital Network Law. Acts 1987, No. 449, §1.
La. Rev. Stat. § 51:1142 Purpose
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§1142. Purpose A. The purpose of this Chapter is to improve the dissemination of information regarding informal investment opportunities to potential investors and entrepreneurs, and thereby stimulate the growth of small businesses in Louisiana. B. Consistent with the purpose sta…
La. Rev. Stat. § 51:1143 Louisiana Economic Development; duties and functions
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§1143. Louisiana Economic Development; duties and functions The department shall: (1) Enter into service contracts on a competitive bid basis with public and private agencies, institutions, organizations, and individuals for the purpose of establishing and operating the Venture C…
La. Rev. Stat. § 51:1144 Venture Capital Network; duties and functions
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§1144. Venture Capital Network; duties and functions The Venture Capital Network shall: (1) Solicit, compile, profile, and maintain current information describing opportunities for risk capital investment in new or emerging business ventures. (2) Identify active informal investor…
La. Rev. Stat. § 51:1145 Limitations
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§1145. Limitations A. The Venture Capital Network shall not serve any fiduciary, advisory, or evaluative function in making referrals. B. The remedies and causes of action provided under the securities laws of the United States and under the provisions of Part X of Chapter 2 of T…
La. Rev. Stat. § 51:1146 Private sponsor
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§1146. Private sponsor The department shall endeavor to locate a private sector sponsor or group of sponsors to assume administration of the Venture Capital Network. Acts 1987, No. 449, §1.
La. Rev. Stat. § 51:1151 Definitions
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§1151. Definitions Whenever used in this Chapter, unless a different meaning clearly appears in the context, the following terms, whether used in the singular or plural, shall be given the following respective interpretations: (1) "Corporation" means any corporation organized pur…
La. Rev. Stat. § 51:1152 Legislative findings and intent
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§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
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§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
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§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…
