reglab/housing_qa huggingface dataset:
LA Rev Stat § 12:462 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§462. Interest in other corporations or associations

RS 462 - Interest in other corporations or associations  An association may organize, form, operate, own, control, have an interest in, own stock of, or be a member of any corporation or association, with or without capital stock, engaged in preserving, drying, processing, canning, packing, storing, handling, shipping, utilizing, manufacturing, marketing or selling the products handled by the association, or the by-products thereof. If such corporations are warehousing corporations, they may issue legal warehouse receipts to the association, against the commodities delivered by it, or to any other person, and such legal warehouse receipts shall be considered as adequate collateral to the extent of the usual and current value of the commodity represented thereby. If such warehouse is licensed, or licensed and bonded under the laws of this state, or of the United States, its warehouse receipt delivered to the association on commodities of the association or its members, shall not be challenged or discriminated against because of ownership or control, wholly or in part, by the association.  Renumbered from R.S.1950, §12:372 by Acts 1968, No. 105, §3, eff. Jan. 1, 1969.
LA Rev Stat § 12:463 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§463. Contracts and agreements with other associations

RS 463 - Contracts and agreements with other associations  Any association, upon resolution adopted by its board of directors, may enter into all necessary and proper contracts and agreements and make all necessary and proper stipulations, agreements and contracts and arrangements with any other similar corporation or association, formed in this or any other state, for the co-operative or more economical carrying on of its business, or any part or parts thereof. Any two or more associations may, by agreement between them, unite in employing and using, or may employ and use, separately the same personnel, methods, means and agencies for carrying on and conducting their respective businesses.  Renumbered from R.S.1950, §12:373 by Acts 1968, No. 105, §3, eff. Jan. 1, 1969.
LA Rev Stat § 12:464 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§464. Existent associations may adopt the provisions of this Part

RS 464 - Existent associations may adopt the provisions of this Part  Any similar corporation or cooperative association organized under previously existing statutes, by a majority vote of its directors or members, may be brought under the provisions of this Part. It shall make out in duplicate a statement, signed and sworn to by a majority of its directors, to the effect that the corporation or cooperative association has, by a majority vote of its directors, decided to accept the benefits and be bound by the provisions of this Part. Articles of association shall be filed as required in R.S. 12:448 except that they shall be signed by a majority of the members of the board of directors. The filing fee shall be the same as for filing an amendment to articles of association.  Renumbered from R.S.1950, §12:374 by Acts 1968, No. 105, §3, eff. Jan. 1, 1969.
LA Rev Stat § 12:465 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§465. How similar foreign associations may carry on business in Louisiana

RS 465 - How similar foreign associations may carry on business in Louisiana Any similar cooperative marketing association, organized under appropriate laws of any other state, for the purposes and with the restrictions and limitations substantially the same as those set forth herein, may operate and do business in this state with all the rights, powers and privileges granted to any cooperative marketing association incorporated under this Part, upon compliance with Chapter 3.  Renumbered from R.S.1950, §12:375 by Acts 1968, No. 105, §3, eff. Jan. 1, 1969.
LA Rev Stat § 12:466 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§466. Breach of marketing contract and knowingly spreading false reports concerning finances and management

RS 466 - Breach of marketing contract and knowingly spreading false reports concerning finances and management  Any person or any corporation whose officer or employee knowingly induces, or attempts to induce, any member of an association to breach his marketing contract with the association, or who knowingly spreads false reports about the finances or management of said association, shall be guilty of a misdemeanor and shall be subject to a fine of no less than one hundred dollars, nor more than one thousand dollars, for each offense. Such person or corporation shall be liable to the association aggrieved, in a civil suit, in the penal sum of one thousand dollars for each such offense.  Renumbered from R.S.1950, §12:376 by Acts 1968, No. 105, §3, eff. Jan. 1, 1969.
LA Rev Stat § 12:467 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§467. Not in restraint of trade

RS 467 - Not in restraint of trade  No association shall be deemed to be in violation of the anti-trust statutes of this state or a combination in restraint of trade or an illegal monopoly. No association shall be deemed attempting to lessen competition or to fix prices arbitrarily. Marketing contracts or agreements between the association and its members, or any agreement authorized by this Part, shall be considered legal and not in restraint of trade or in violation of the anti-trust statutes of this state.  Renumbered from R.S.1950, §12:377 by Acts 1968, No. 105, §3, eff. Jan. 1, 1969.
LA Rev Stat § 12:468 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§468. Repealed by Acts 1982, No. 526, §3, Aug. 11, 1982

RS 468 - Repealed by Acts 1982, No. 526, §3, Aug. 11, 1982
LA Rev Stat § 12:469 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§469. Filing fees

RS 469 - Filing fees A. A fee as provided in R.S. 49:222 shall be paid in advance to the secretary of state, for the use and benefit of the state, by every corporation: (1) For filing and recording articles of association. (2) For filing and recording amended articles of association. (3) For filing and recording dissolution proceedings. (4) For filing and recording merger proceedings. B. Additional certified copies of documents and certificates will be furnished upon request or a certificate for a fee as provided in R.S. 49:222, which shall be paid in advance. Renumbered from R.S.1950, §12:379 by Acts 1968, No. 105, §3, eff. Jan. 1, 1969. Amended by Acts 1982, No. 526, §2, eff. Aug. 11, 1982; Acts 2008, No. 913, §2.
LA Rev Stat § 12:470 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§470. Application of Chapter 1

RS 470 - Application of Chapter 1  The provisions of Chapter 1 and all powers and rights thereunder, shall apply to any association organized under this Part, except where such provisions are in conflict with the express provisions of this Part.  Renumbered from R.S.1950, §12:380 by Acts 1968, No. 105, §3, eff. Jan. 1, 1969.
LA Rev Stat § 12:471 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§471. Short title

RS 471 - Short title  This Part of this Chapter shall be known and may be referred to by the short title: "Cooperative Sea Food Marketing Law."  Renumbered from R.S.1950, §12:381 by Acts 1968, No. 105, §3, eff. Jan. 1, 1969.
LA Rev Stat § 12:481 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§481. Application of Part

RS 481 - Application of Part  This Part applies to all churches, congregations, parishes, committees and other religious organizations governed by jurisdictions, archdioceses and dioceses of any Orthodox Patriarchate, Synod or national church of the Orthodox Church, recognized by the apostolic historic Orthodox Patriarchates of Constantinople, Antioch, and Yugoslavia and in general to all churches, congregations, parishes, committees and other religious organizations founded or established with the intent and for the purpose of adhering to and maintaining the apostolic and historic communion, doctrine, discipline, canon law, tradition, worship and unity of the Orthodox Church. Acts 1954, No. 226, §1. Renumbered from R.S.1950, §12:391 by Acts 1968, No. 105, §3, eff. Jan. 1, 1969.
LA Rev Stat § 12:482 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§482. Permission to incorporate

RS 482 - Permission to incorporate  An unincorporated church, congregation, parish or any other religious organization of such sect may apply to the appropriate hierarch, archbishop, bishop or administrator for permission to incorporate under this article. When such permission has been granted in writing, it shall be attached to the certificate of incorporation.  Acts 1954, No. 226, §2. Renumbered from R.S.1950, §12:392 by Acts 1968, No. 105, §3, eff. Jan. 1, 1969.
LA Rev Stat § 12:483 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§483. Certificate of incorporation; form and contents

RS 483 - Certificate of incorporation; form and contents  The certificate of incorporation shall be in the form provided by law for all religious corporations and must in addition recite therein that the purpose and intent of the corporation is to maintain, propagate, practice and forever perpetuate religious worship, service, sacraments and teachings in full accordance and unity with the doctrine, ritual, canon law, faith, practice, discipline, traditions and usages of the Orthodox Church and for the carrying out of the said purpose and intent to maintain a religious organization which will be adherent and obedient to the Orthodox ecclesiastical jurisdiction and authority and which shall recognize and remain subject to the duly appointed and canonical Orthodox hierarch, archbishop, bishop or administrator appropriate for the Orthodox communicant members comprising the same. Acts 1954, No. 226, §3. Renumbered from R.S.1950, §12:393 by Acts 1968, No. 105, §3, eff. Jan. 1, 1969.
LA Rev Stat § 12:491 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§491. Real estate investment trusts authorized and defined

RS 491 - Real estate investment trusts authorized and defined  A. Real Estate Investment Trusts are hereby authorized as a recognized form of association for the conduct of business within this state. B. A real estate investment trust is a trust created at law by an instrument under which property is held and managed by trustees for the benefit and profit of such persons as may be or may become the holders of transferable certificates evidencing beneficial interests in the trust estate, which has elected to qualify for taxation as a real estate investment trust under Part II, Subchapter M of the Internal Revenue Code of 1954, as amended.  Added by Acts 1962, No. 330, §1. Renumbered from R.S.1950, §12:395 by Acts 1968, No. 105, §3, eff. Jan. 1, 1969. Amended by Acts 1970, No. 136, §1; Acts 1977, No. 526, §1.
LA Rev Stat § 12:493 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§493. Name of Part

RS 493 - Name of Part  This Part shall be known and may be referred to by the short title: "Real Estate Investment Trust Law."  Added by Acts 1962, No. 330, §1. Renumbered from R.S.1950, §12:397 by Acts 1968, No. 105, §3, eff. Jan. 1, 1969.
LA Rev Stat § 12:499.1 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§499.1. Short title; purpose

RS 499.1 - Short title; purpose  A. This Part shall be known as the "Cooperative Housing Corporation Law".  B. The purpose of this Part is to foster safe, decent, and affordable housing in the state by enabling individuals to form cooperative corporations for the purpose of developing, acquiring, owning, and/or operating multi-family and single family housing units on a cooperative plan.  Acts 1990, No. 857, §1.
LA Rev Stat § 12:499.2 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§499.2. Application of chapter; amendment of articles of incorporation to comply with chapter

RS 499.2 - Application of chapter; amendment of articles of incorporation to comply with chapter  This Part applies to all cooperative housing corporations organized pursuant to this Part. Any corporation organized under Chapter 2 of this Title may become a cooperative housing corporation by adopting an amendment to its articles electing to become subject to this Part. The amendment shall be adopted and filed, and shall be effective, according to the Chapter under which the corporation was initially organized before its election to be subject to this Part.  Acts 1990, No. 857, §1.
LA Rev Stat § 12:499.3 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§499.3. Definitions

RS 499.3 - Definitions  In this Part, the following words and phrases shall have the following meanings:  (1) "Board" means board of directors.  (2) "By-laws" means the by-laws of a cooperative housing corporation as they exist from time to time.  (3) "Cooperative housing corporation" means a corporation organized or existing under this Part.  (4) "Limited equity cooperative housing corporation" means a cooperative housing corporation organized and operated primarily for the benefit of low and moderate income persons, and whose equity, after allowance for maximum transfer value of its stock, is permanently dedicated to providing housing to persons of low or moderate income or to charitable purposes.  (5) "Member" means a person who holds voting stock of a cooperative housing corporation.  (6) "Proprietary lease" means an agreement between a cooperative housing corporation and its stockholder for the occupancy of a dwelling unit owned by the cooperative housing corporation.  (7) "Transfer value" means the value which may be paid or received upon the sale or transfer of the stock of a cooperative housing corporation. Acts 1990, No. 857, §1.
LA Rev Stat § 12:499.4 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§499.4. Application of laws; conflict of laws

RS 499.4 - Application of laws; conflict of laws  The provisions of Chapter 2 of this Title 12 shall be applicable to cooperative housing corporations, and they shall enjoy the powers and privileges, and be subject to the duties, restrictions and liabilities of other corporations except where inconsistent with this Part. This Part shall take precedence in the event of any conflict with the provisions of Chapter 2 of this Title.  Acts 1990, No. 857, §1.
LA Rev Stat § 12:499.5 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§499.5. Articles of organization

RS 499.5 - Articles of organization  Three or more persons who are residents of this state, may organize a cooperative housing corporation by filing articles of organization with the secretary of state. The articles shall meet the requirements of Chapter 2 of this Title, and in addition, shall state the following:  (1) Whether transfer of corporation stock is restricted.  (2) Whether or not the corporation shall be authorized to pay dividends on its stock, but no cooperative housing corporation shall pay a dividend of more than six percent, noncumulative, upon its stock.  (3) Whether the transfer value of corporation stock is restricted.  Acts 1990, No. 857, §1.
LA Rev Stat § 12:499.6 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§499.6. Name

RS 499.6 - Name  The name of each cooperative housing corporation shall comply with the provisions of Chapter 2 of this Title, and in addition, shall contain the word "cooperative".  Acts 1990, No. 857, §1.
LA Rev Stat § 12:499.7 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§499.7. Power to make, amend, or repeal by-laws

RS 499.7 - Power to make, amend, or repeal by-laws  The power to make, amend, or repeal by-laws shall be reserved to the stockholders.  Acts 1990, No. 857, §1.
LA Rev Stat § 12:499.8 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§499.8. Articles or by-laws

RS 499.8 - Articles or by-laws  The articles or by-laws may provide for any of the following:  (1) Election of directors and other officials by unit or district.  (2) Voting by stockholders on the basis of one vote per member or one vote per dwelling unit rather than one vote per share.  (3) That any action required or permitted to be taken at a meeting of stockholders may be taken by mail ballot.  (4) A method of membership representation of stockholders at meetings by delegates from units or districts, provided that delegates be proportional to the number of members in each unit or district.  (5) Redemption or recall of stock.  (6) Termination of membership rights and privileges of a stockholder.  (7) Standards for eligibility to become a stockholder.  (8) The allocation of net savings among the uses permitted in R.S. 12:499.9.  Acts 1990, No. 857, §1.
LA Rev Stat § 12:499.9 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§499.9. Net savings; apportionment

RS 499.9 - Net savings; apportionment  A. At least once a year the board of every cooperative housing corporation shall, after first setting aside an adequate portion of the net savings in a reserve fund for the general operation of the business, apportion the remainder of the net savings in one or more of the following ways:  (1) As a dividend not to exceed six percent, noncumulative, upon one or more classes of stock.  (2) As an equitable distribution or refund to all patrons in proportion to their individual patronage except that:  (a) In the case of a subscriber patron, the distribution or refund may be credited to the subscriber's account until the subscription has been fully paid; and  (b) In the case of a nonmember patron, the amount otherwise distributable may be retained by the cooperative housing corporation.  B. This Section shall not prevent a cooperative housing corporation from disposing of the net savings by reducing the cost of goods, facilities, or services or by applying such net savings otherwise for the common benefit of members.  C. This Section shall not prevent a cooperative housing corporation from adopting a system by which the net savings are deferred for a fixed period of time, nor from adopting a system in which the net savings distributed are partly in cash and partly in stock.  Acts 1990, No. 857, §1.
LA Rev Stat § 12:499.10 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§499.10. Termination of proprietary leases

RS 499.10 - Termination of proprietary leases  A cooperative housing corporation shall terminate all of its proprietary leases, only by agreement of proprietary lessees holding at least eighty percent of its stock or any larger percentage specified in the articles or by-laws.  Acts 1990, No. 857, §1.
LA Rev Stat § 12:499.11 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§499.11. Loans

RS 499.11 - Loans  Any institution supervised either by the commissioner of financial institutions or the commissioner of insurance may make loans secured by pledge of a proprietary lease and the appurtenant stock of a cooperative housing corporation upon the same terms and with the same limitations as loans secured by mortgages on real property.  Acts 1990, No. 857, §1.
LA Rev Stat § 12:499.12 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§499.12. Tax exemptions

RS 499.12 - Tax exemptions  The capital stock of a cooperative housing corporation incorporated under the provisions of this Part shall not be taxed for state purposes.  Acts 1990, No. 857, §1.
LA Rev Stat § 12:499.13 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§499.13. Homestead exemption

RS 499.13 - Homestead exemption  Property owned by a cooperative housing corporation and subject to a proprietary lease shall be subject to the homestead exemption pursuant to Article VII, Section 20 of the Constitution of Louisiana.  Acts 1990, No. 857, §1.
LA Rev Stat § 12:501 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§501. Definitions

RS 501 - Definitions For the purposes of this Chapter, the following terms shall have the following meanings unless the context clearly indicates otherwise: (1) "Immovable property" includes, without limitation, mineral rights, predial servitudes, and predial leases. (2) "Member" means a person who, under the rules or practices of an unincorporated association, may participate in the selection of persons authorized to manage the affairs of the unincorporated association or in the development of policy of the unincorporated association. (3) "Person" means an individual, corporation, business trust, estate, trust, partnership, association, joint venture, government, governmental subdivision, agency, or instrumentality, or any other legal or commercial entity. (4) "State" means the state of Louisiana. (5) "Unincorporated association" means an unincorporated organization, other than one created by a trust, consisting of two or more members joined by mutual consent for a common, nonprofit purpose. However, co-ownership does not by itself establish an unincorporated association, even if the co-owners share use of the property for a nonprofit purpose. Renumbered from R.S.1950, §12:401 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 § 12:502 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§502. Supplementary general principles of law

RS 502 - Supplementary general principles of law Provisions of the Louisiana Revised Statutes of 1950, and other principles of law supplement this Chapter unless displaced by a particular provision of this Chapter. Renumbered from R.S.1950, §12:402 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 § 12:503 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§503. Territorial application

RS 503 - Territorial application Immovable and movable property in this state may be acquired, held, encumbered, and transferred by an unincorporated association, whether or not the unincorporated association or a member has any other relationship to this state. Renumbered from R.S.1950, §12:403 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 § 12:504 (2021)
2021 Louisiana Laws|Revised Statutes|Title 12 - Corporations and Associations|§504. Immovable and movable property; unincorporated association as legatee or beneficiary

RS 504 - Immovable and movable property; unincorporated association as legatee or beneficiary A. An unincorporated association is a legal entity separate from its members for the purposes of acquiring, holding, encumbering, donating and otherwise transferring immovable and movable property. B. An unincorporated association in its name may acquire, hold, mortgage, hypothecate, encumber, donate, or otherwise transfer its interest in immovable or movable property. C. An unincorporated association may be a beneficiary of a trust and has the capacity to receive donations inter vivos and mortis causa. Renumbered from R.S.1950, §12:404 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.