Louisiana § RS 51:139 - Forfeitures; corporate charter; foreign corporation's right to do business; property unlawfully used
Full text of Louisiana Louisiana Civil Code § RS 51:139 — Forfeitures; corporate charter; foreign corporation's right to do business; property unlawfully used, with citation guidance and answers to common questions.
§ RS 51:139. Forfeitures; corporate charter; foreign corporation's right to do business; property unlawfully used
A. In the interest of the public welfare, on the petition of the state of Louisiana through the attorney general, the district courts shall have authority under this Part, in a proper case, to order the forfeiture of the charter of a domestic corporation and its liquidation in accordance with existing laws for violations resulting in a judgment.
B. In a like proceeding brought by the state of Louisiana through the attorney general involving a foreign corporation, such courts may order the ouster from the state of a foreign corporation, and the liquidation of its affairs within the state through a liquidating receiver, named in the judgments, under bond as the court may fix, and the sale, under the orders of the court, of any property utilized in any business declared to have been carried on unlawfully.
Amended by Acts 1975, No. 366, §1.
Source: official Louisiana text · Last verified 2026-08-27
Frequently Asked Questions About Louisiana § RS 51:139
What does Louisiana Civil Code § RS 51:139 cover?
Section RS 51:139 ("Forfeitures; corporate charter; foreign corporation's right to do business; property unlawfully used") 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 51:139?
A common citation format is "Louisiana Civil Code § RS 51:139" (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 51:139 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.