Louisiana Assignment of Business License as Security for a Loan

State:
Multi-State
Control #:
US-01467BG
Format:
Word; 
Rich Text
Instant download

Description

A license authorizes the holder to do something that he or she would not be entitled to do without the license. Licensing may be directed toward revenue raising purposes, or toward regulation of the licensed activity, or both. Statutes frequently require that a person obtain a license before practicing certain professions such as law or medicine, or before carrying on a particular business such as that of a real estate broker or stock broker. If the license is required to protect the public from unqualified persons, an assignment of that license to secure a loan would probably not be enforceable.

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  • Preview Assignment of Business License as Security for a Loan
  • Preview Assignment of Business License as Security for a Loan
  • Preview Assignment of Business License as Security for a Loan
  • Preview Assignment of Business License as Security for a Loan

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FAQ

As a business owner,you must ensure you have the proper state, federal or local business licenses to operate your LLC.

Though no action is required to legally create a sole proprietorship, you should follow four simple steps to start your business: Choose a business name. File a trade name application with your parish or county clerk of court. Apply for licenses, permits, and zoning clearance.

When starting a business in Louisiana, you must: register your business entity with the Louisiana Secretary of State (SOS) file taxes with the Louisiana Department of Revenue (DOR), and. apply for business licenses and permits with your state, city, and parish.

(1) The amount of the conventional interest cannot exceed twelve percent per annum.

How Much Does a Business License Cost in Louisiana? There is no cost to apply for a Louisiana resale certificate. Keep in mind that there are other costs associated with starting a business. It costs $100 to register an LLC and $75 to register a corporation in the state.

Louisiana LLC Processing Times Normal LLC processing time:Expedited LLC:Louisiana LLC by mail:3-5 business days (plus mail time)3 business hours ($50 extra)Louisiana LLC online:3-5 business days3 business hours ($50 extra)

How to Get a Business License in Louisiana Visit the geauxBIZ website to create your customized checklist for starting a business. ... Contact your local Louisiana Small Business Development Center (LSBDC). ... Organize your information. ... Look up licenses for your specific profession. ... Contact your local municipal office.

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Louisiana Assignment of Business License as Security for a Loan