Louisiana § RS 51:941 - Definitions
Full text of Louisiana Louisiana Civil Code § RS 51:941 — Definitions, with citation guidance and answers to common questions.
§ RS 51:941. Definitions
For the purposes of this Part, the following terms shall have the following meanings:
(1) "Department" means Louisiana Economic Development.
(2) "Program" means the Small and Emerging Business Development Program created within Louisiana Economic Development.
(3) "Small and emerging business" means a small business organized for profit and performing a commercially useful function, which is more than fifty percent owned and controlled by one or more small and emerging business persons and which has its principal place of business in the state. A nonprofit organization is not a small and emerging business for purposes of this Part.
(4) "Small and emerging business person" means a citizen of the United States who has resided in the state for at least one year and whose ability to compete in the free enterprise system has been impaired historically due to diminished capital or credit opportunities as compared to others in the same or similar line of business, and whose diminished opportunities have historically precluded, or are likely to preclude, such individual from successfully competing in the open market.
Acts 2001, No. 9, §9, eff. July 1, 2001; Acts 2006, No. 434, §1.
Frequently Asked Questions About Louisiana § RS 51:941
What does Louisiana Civil Code § RS 51:941 cover?
Section RS 51:941 ("Definitions") 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 51:941?
A common citation format is "Louisiana Civil Code § RS 51:941" (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 51:941 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.