reglab/housing_qa huggingface dataset:
LA Rev Stat § 12:505 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§505. Statement of authority as to immovable property

RS 505 - Statement of authority as to immovable property A. An unincorporated association may execute and file a statement of authority to mortgage, hypothecate, encumber, donate, or otherwise transfer an interest in immovable property in the name of the unincorporated association. B. An interest in immovable property held in the name of an unincorporated association may be mortgaged, hypothecated, encumbered, donated, or otherwise transferred by a person so authorized in a statement of authority filed in the conveyance records in the parish in which the immovable property is situated. C. A statement of authority shall set forth all of the following: (1) The name of the unincorporated association. (2) The federal tax identification number, if any, of the unincorporated association. (3) The address in this state, including the street address, if any, of the unincorporated association, or, if the unincorporated association does not have an address in this state, its address out of state. (4) The fact that it is an unincorporated association. (5) The name or title of a person authorized to transfer an interest in immovable property held in the name of the unincorporated association. (6) That the transaction was duly authorized by a majority of the members or otherwise in accordance with the bylaws or other governing documents of the unincorporated association as duly adopted by a majority of the members. D. A statement of authority shall be in the form of an authentic act and must be executed by a person who is not the person authorized to transfer the interest in immovable property. E. A filing officer may collect a fee for filing a statement of authority in the amount authorized for filing a transfer of immovable property. F. An amendment, including a cancellation, of a statement of authority shall meet the form requirements and be filed in the same manner as an original statement. Unless canceled earlier, a filed statement of authority or its most recent amendment is canceled by operation of law five years after the date of the most recent filing. G. If the record title to immovable property is in the name of an unincorporated association and the statement of authority is filed in the conveyance records in the parish in which the immovable property is situated, the authority of the person named in a statement of authority to transfer is conclusive in favor of a person who gives value without notice that the person lacks authority. Renumbered from R.S.1950, §12:405 by Acts 1968, No. 105, §3, eff. Jan. 1, 1969; Acts 1985, No. 907, §1; Acts 2008, No. 877, §1. NOTE: Repealed by Acts 1985, No. 270, §1; however, superceded and reenacted by Acts 1985, No. 907, §2.
LA Rev Stat § 12:506 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§506. Liability in tort and contract

RS 506 - Liability in tort and contract A. An unincorporated association is a legal entity separate from its members for the purposes of determining and enforcing rights, duties, and liabilities in contract and tort. B. A person is not liable for a breach of an unincorporated association's contract merely because the person is a member, is authorized to participate in the management of the affairs of the unincorporated association, is a person considered to be a member by the unincorporated association or made the contract or incurred the obligation on behalf of the unincorporated association, if the fact that the person was acting for the unincorporated association was disclosed to, known by or reasonably should have been known by the other party to the contract or to the party owed performance. C. A person is not liable for a tortious act or omission for which an unincorporated association is liable merely because the person is a member, is authorized to participate in the management of the affairs of the unincorporated association, or is a person considered to be a member by the unincorporated association. D. A tortious act or omission of a member or other person for which an unincorporated association is liable is not imputed to a person merely because the person is a member of the unincorporated association, is authorized to participate in the management of the affairs of the unincorporated association, or is a person considered to be a member by the unincorporated association. E. A member of, or a person considered to be a member by, an unincorporated association may assert a claim against the unincorporated association. An unincorporated association may assert a claim against a member or a person considered to be a member by the unincorporated association. Acts 2008, No. 877, §1.
LA Rev Stat § 12:507 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§507. Capacity to assert and defend; standing

RS 507 - Capacity to assert and defend; standing A. An unincorporated association, in its name, may institute, defend, intervene, or participate in a judicial, administrative, or other governmental proceeding or in an arbitration, mediation, or any other form of alternative dispute resolution. B. An unincorporated association may assert a claim in its name on behalf of its members if one or more members of the unincorporated association have standing to assert a claim in their own right, the interests the unincorporated association seeks to protect are germane to its purposes, and neither the claim asserted nor the relief requested requires the participation of a member. Acts 2008, No. 877, §1.
LA Rev Stat § 12:508 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§508. Effect of judgment or order

RS 508 - Effect of judgment or order A judgment or order against an unincorporated association is not by itself a judgment or order against a member or a person authorized to participate in the management of the affairs of the unincorporated association. Acts 2008, No. 877, §1.
LA Rev Stat § 12:509 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§509. Disposition of movable property of inactive unincorporated association

RS 509 - Disposition of movable property of inactive unincorporated association If an unincorporated association has been inactive for three years, or for a longer or shorter period specified in a document of the association, a person in possession or control of movable property of the association may transfer custody of the property as follows: (1) If a document of an unincorporated association specifies a person to whom transfer is to be made under these circumstances, to that person. (2) If no person is so specified, to an unincorporated association or nonprofit corporation pursuing broadly similar purposes, or to a government or governmental subdivision, agency, or instrumentality. Acts 2008, No. 877, §1.
LA Rev Stat § 12:510 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§510. Appointment of agent to receive service of process

RS 510 - Appointment of agent to receive service of process A. An unincorporated association may file in the office of the secretary of state a statement appointing an agent authorized to receive service of process. B. A statement appointing an agent shall set forth all of the following: (1) The name of the unincorporated association. (2) The federal tax identification number, if any, of the unincorporated association. (3) The address in this state, including the street address, if any, of the unincorporated association, or, if the unincorporated association does not have an address in this state, its address out of state. (4) The name of the person in this state authorized to receive service of process and the person's address, including the street address, in this state. C. A statement appointing an agent shall be signed and acknowledged by a person authorized to manage the affairs of the unincorporated association. The statement shall also be signed and acknowledged by the person's appointed agent, who thereby accepts the appointment. The appointed agent may resign by filing a resignation in the office of the secretary of state and giving notice to the unincorporated association. D. The secretary of state may collect a fee for filing a statement appointing an agent to receive service of process, an amendment, a cancellation, or a resignation in the amount charged for filing similar documents. E. An amendment to or cancellation of a statement appointing an agent to receive service of process shall meet the requirements for execution of an original statement. Acts 2008, No. 877, §1.
LA Rev Stat § 12:511 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§511. Claim not abated by change

RS 511 - Claim not abated by change A claim for relief against an unincorporated association is not affected merely by a change in its members or persons authorized to manage the affairs of the unincorporated association. Acts 2008, No. 877, §1.
LA Rev Stat § 12:512 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§512. Dissolution of unincorporated association

RS 512 - Dissolution of unincorporated association An unincorporated association may be involuntarily dissolved and liquidated subject to supervision by the court, under the circumstances set forth in this Chapter. Acts 2008, No. 877, §1.
LA Rev Stat § 12:513 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§513. Involuntary proceedings for dissolution and appointment of liquidator

RS 513 - Involuntary proceedings for dissolution and appointment of liquidator An involuntary proceeding for dissolution may be instituted against an unincorporated association by a member or by a creditor whose claim has been reduced to judgment, on which execution has been issued and returned "nulla bona". Acts 2008, No. 877, §1.
LA Rev Stat § 12:514 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§514. Grounds for involuntary dissolution

RS 514 - Grounds for involuntary dissolution A. An unincorporated association may be dissolved and its assets liquidated by a court-appointed liquidator when any of the following occurs: (1) The association's property has been abandoned for a period of at least one year. (2) By failure of the members for a period of at least one year to elect officers or directors, or the failure of the directors or officers for a period of at least one year to serve, so that there is no one authorized to take charge of or conduct its affairs. (3) The objects of the association have wholly failed, or are entirely abandoned, or their accomplishment is impracticable. (4) The officers or directors have been deadlocked for a period of at least one year in the management of the association's affairs, and the members are unable to break the deadlock. B. The qualifications and duties of the liquidator shall be the same as those of a court-appointed liquidator of a nonprofit corporation, as set forth in R.S. 12:252. Acts 2008, No. 877, §1.
LA Rev Stat § 12:515 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§515. Continuation of purpose

RS 515 - Continuation of purpose When any money or other property has been donated or contributed for certain purposes to an unincorporated association, the dissolution of the association originally administering the contributions or donations shall not cause them to fail or their purposes be defeated as long as there is in this state an unincorporated association or nonprofit corporation pursuing broadly similar purposes or a government or governmental subdivision, agency, or instrumentality capable of administering the funds or property for purposes germane to the purposes for which they were given. Acts 2008, No. 877, §1.
LA Rev Stat § 12:516 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§516. Disposition of assets

RS 516 - Disposition of assets The net assets of the unincorporated nonprofit association shall be disposed of in the same manner as the net assets of a religious or charitable nonprofit corporation, as set forth in R.S. 12:249. Preference shall be accorded to state or local chapters, branches, or lodges of the same association, and then to associations or nonprofit corporations which were affiliated with the dissolved association, unless the articles or bylaws of the association expressly authorize some other disposition of its assets upon dissolution. Acts 2008, No. 877, §1.
LA Rev Stat § 12:517 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§517. Short title

RS 517 - Short title This Chapter may be cited as the "Louisiana Unincorporated Association Act". Acts 2008, No. 877, §1.
LA Rev Stat § 12:518 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§518. Uniformity of application and construction

RS 518 - Uniformity of application and construction This Chapter shall be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this Chapter among states enacting it. Acts 2008, No. 877, §1.
LA Rev Stat § 12:519 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§519. Severability clause

RS 519 - Severability clause If any provision of this Chapter or its application to any person or circumstance is held invalid, the invalidity shall not affect any other provisions or applications of this Chapter which may be given effect without the invalid provision or application, and to this end the provisions of this Chapter are severable. Acts 2008, No. 877, §1.
LA Rev Stat § 12:520 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§520. Savings clause

RS 520 - Savings clause This Chapter shall not affect an action or proceeding commenced or right accrued before this Chapter takes effect. Acts 2008, No. 877, §1.
LA Rev Stat § 12:601 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§601. Person in whose name certificate stands regarded as legal owner

RS 601 - Person in whose name certificate stands regarded as legal owner  The person, firm, or corporation, in whose name a certificate representing shares of stock stands, or to whom a certificate is endorsed, whether in full or in blank, and who has possession of said certificate, shall be regarded as the legal owner. The legal owner has full power to pledge, sell or otherwise dispose of said stock. No person, corporation, firm or transfer agent shall be responsible to any one claiming any interest in, or ownership of, said shares, or any part thereof, by virtue of any undisclosed or latent legal or conventional title or interest therein.  Renumbered from R.S.1950, §12:501 by Acts 1968, No. 105, §3, eff. Jan. 1, 1969.
LA Rev Stat § 12:602 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§602. Authority to transfer stock

RS 602 - Authority to transfer stock  The possession of a stock certificate, duly endorsed by or standing in the name of, a person, firm or corporation, shall be full and sufficient authority to any person, firm, or corporation, or to any transfer agent, to transfer the shares when instructed so to do. Such possession and endorsement shall be full protection to any person, firm, or corporation purchasing or lending money in good faith on the stock.  Renumbered from R.S.1950, §12:502 by Acts 1968, No. 105, §3, eff. Jan. 1, 1969.
LA Rev Stat § 12:603 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§603. Transfer to heirs or legatees of deceased stockholder; proof required

RS 603 - Transfer to heirs or legatees of deceased stockholder; proof required A. When a person dies owning shares in any corporation domiciled or maintaining a share register for the transfer of shares in the state, the corporation may transfer the stock upon its books to the executor, or to the heirs or legatees of the deceased, or their legal representatives. B. The corporation may transfer to the executor or to the heirs or legatees, if sui juris, or to their tutors, curators, guardians or other legal representatives, if not sui juris, any and all dividends that have accrued thereon. C. An order of any court of competent jurisdiction ordering the transfer of shares to an executor or the judgment of any court of competent jurisdiction recognizing and putting such heirs or legatees in possession accompanied, if such heirs or legatees be not sui juris, by the letters of their tutors, curators, guardians, or other legal representatives, issued by any court of competent jurisdiction, shall be full and sufficient authority for the making of said transfer. When so made the letters of courts of competent jurisdiction shall be full protection to any such corporation making the transfer. D. Copies of orders of court ordering the transfer of shares to an executor and copies of judgments recognizing and putting such heirs or legatees in possession and of the letters of such tutors, curators, guardians or other legal representatives rendered or issued by any court of this state, duly certified, or by any court of any other state of the United States, duly certified, according to the acts of Congress, or by any court of the District of Columbia, duly certified according to law, or by any court of any possession or dependency of the United States, duly certified according to law, or by any court of any foreign country, duly certified according to law of such place with the genuineness of the certification attested by a consular agent of the United States, shall be, as to any such corporation, full and conclusive proof of the contents thereof and of the jurisdiction of the court rendering or issuing the same. E. All corporations are authorized to make such transfers upon the signature of the heirs or legatees of such deceased persons, if sui juris, accompanied by a copy of the judgment recognizing and putting such heirs or legatees in possession, duly certified as hereinabove set forth, or upon the signature of the tutors, curators, guardians, or other legal representatives of the heirs or legatees, if not sui juris, accompanied by a copy of the judgment recognizing and putting such heirs and legatees in possession, duly certified as hereinabove set forth, and a copy of the letters of such tutors, curators, guardians or other legal representatives, duly certified as hereinabove set forth. F. Repealed by Acts 2010, No. 175, §6. Renumbered from R.S.1950, §12:503 by Acts 1968, No. 105, §3, eff. Jan. 1, 1969; Acts 2010, No. 175, §§6, 7.
LA Rev Stat § 12:621 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§621. §§621 to 643 Repealed by Acts 1978, No. 165, §6, eff. Jan. 1, 1970

RS 621 - §§621 to 643 Repealed by Acts 1978, No. 165, §6, eff. Jan. 1, 1970
LA Rev Stat § 12:651 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§651. Repealed by Acts 1978, No. 165, §6, eff. Jan. 1, 1979

RS 651 - Repealed by Acts 1978, No. 165, §6, eff. Jan. 1, 1979
LA Rev Stat § 12:701 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§701. Borrowing money; issuance of bonds; security

RS 701 - Borrowing money; issuance of bonds; security  A. Any corporation, foreign or domestic, business or nonprofit, may borrow from time to time such sums of money as may be required for its corporate purposes or for the acquisition of property or franchises.  B. For these purposes, any corporation may issue bonds or other obligations secured by mortgage or pledge, or both, of the franchises and the property, movable or immovable, whether owned at the time of the mortgage or pledge, or acquired thereafter, together with future incomes, revenues, contributions and receipts of the corporations.  C. The bonds or other obligations may be payable on the terms and at the times and places as the corporation, through its board of directors, or other managing body may direct or designate.  D. The corporation may sell, pledge, or otherwise dispose of these bonds or other obligations on the terms which the corporation, through its board of directors or other managing body, may deem expedient.  E. This Section shall not be construed as conferring any powers which are specifically denied to corporations by any other provisions of law. Amended by Acts 1950, No. 235, §1; Acts 1952, No. 473, §1; Acts 1954, No. 52, §1. Renumbered from R.S. 1950, §12:601 by Acts 1968, No. 105, §3, eff. Jan. 1, 1969.
LA Rev Stat § 12:703 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§703. Rate of interest paid by corporations

RS 703 - Rate of interest paid by corporations  Notwithstanding any other provisions of the law of this state to the contrary, any debtor that is a domestic corporation, a foreign corporation, a partnership in commendam formed pursuant to the laws of this state, a foreign limited partnership, or a partnership all of the partners of which are either corporations, foreign limited partnerships, partnerships in commendam or partnerships comprised of corporations, foreign limited partnerships or partnerships in commendam, may agree to pay interest in excess of the maximum rate of conventional interest authorized by the laws of this state, whether in connection with unsecured or secured indebtedness and whether the secured indebtedness is secured, in whole or in part, directly or indirectly, by a real estate mortgage or chattel mortgage on property in this state or is otherwise secured, and as to any such agreement such debtor corporation or partnership shall be prohibited from asserting a claim or defense of usury or of the taking of interest in excess of the maximum rate of conventional interest, and any person, partnership or corporation whatsoever signing as co-maker, guarantor or endorser for such debtor corporation or partnership shall also be prohibited from asserting any such claim or defense. The term foreign limited partnership as used hereinabove shall mean any partnership domiciled in a state of the United States other than Louisiana or the District of Columbia which shall have been formed and is existing pursuant to the limited partnership law or Uniform Limited Partnership Law of any such state, and such partnership need not qualify as a partnership in commendam under the laws of this state.  Added by Acts 1965, No. 15, §1. Renumbered from R.S. 1950, §12:603 by Acts 1968, No. 105, §3, eff. Jan. 1, 1969. Amended by Acts 1969, No. 31, §1; Acts 1970, No. 437, §1; Acts 1977, No. 210, §1.
LA Rev Stat § 12:704 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§704. Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001.

RS 704 - Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001.