Louisiana § RS 39:1983 - Factors considered in determining control

Full text of Louisiana Louisiana Civil Code § RS 39:1983 — Factors considered in determining control, with citation guidance and answers to common questions.

§ RS 39:1983. Factors considered in determining control

           Whether an owner meets the fifty-one percent control requirement shall be determined on an application-by-application basis. Factors which may be considered in determining whether or not the owner meets the control requirement include but are not limited to the following:

           (1) Authority and restrictions as indicated in the articles of incorporation, bylaws, partnership agreements, or other business agreements and documents.

           (2) Members of the board of directors and corporate officers.

           (3) Recent changes in ownership or control of the business.

           (4) Documentation indicating who has ultimate authority to make policy and management decisions and to legally obligate the business.

           Acts 1984, No. 653, §1, eff. July 1, 1984; Acts 1992, No. 797, §2, eff. July 1, 1992.

Source: official Louisiana text · Last verified 2026-08-27

Frequently Asked Questions About Louisiana § RS 39:1983

What does Louisiana Civil Code § RS 39:1983 cover?

Section RS 39:1983 ("Factors considered in determining control") is part of the Louisiana Civil Code, the codified statutory law of Louisiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Louisiana § RS 39:1983?

A common citation format is "Louisiana Civil Code § RS 39:1983" (Louisiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Louisiana law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Louisiana official source linked on this page or consult a licensed Louisiana attorney.

How does Louisiana § RS 39:1983 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Louisiana can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Louisiana.