Louisiana Statutes

§ 51:2322 — Definitions

Louisiana·Title 51 Trade and Commerce

As used in this Part, the following terms shall have the meanings specified in this Section:

(1)"Applicant" means a private nonprofit or public entity located in this state.
(2)"Corporation" means the Louisiana Economic Development Corporation.
(3)"Program" means the Louisiana Small Business Incubator Program.
(4)"Small business incubator" means a multi-tenanted facility which is characterized by shared business services, equipment, space, and access to on-premises business consultants for tenants and which is operated by a private nonprofit or public entity.
(5)"Tenant" means a sole proprietorship, partnership, corporation, or limited liability partnership or company which operates within a small business incubator.

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Legislative History

Acts 1995, No. 180, §1; Acts 1995, No. 276, §1, eff. July 1, 1995.

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