TITLE 17. EDUCATION

CHAPTER 26. COLLEGES AND UNIVERSITIES
PART X. RESEARCH PARK CORPORATION

17:3396.2      Definition of corporation

  As used in this Part, unless the context clearly indicates or requires other or different meaning or intent, the word "corporation" shall mean the nonprofit corporation authorized to be formed by this Part or any corporation succeeding to the principal functions thereof or to which the powers conferred upon the corporation by this Part. It is further declared that any such corporation shall not constitute an instrumentality of the state, a state agency, board, or commission, or a political subdivision.

Added by Acts 1992, No. 882, Sec. 1.