RS 9:3801 - Definitions For the purposes of this Chapter, unless the context or subject matter otherwise requires: (1) 'Bank' includes any person or association of persons, whether incorporated or not, carrying on the business of banking. (2) 'Fiduciary' includes a trustee under any trust, expressed, implied, resulting or constructive, executor, administrator, guardian, conservator, curator, receiver, trustee in bankruptcy, assignee for the benefit of creditors, partner, agent, officer of a corporation, public or private, public officer, or any other persons acting in a fiduciary capacity for any person, trust or estate. (3) 'Person' includes a corporation, partnership, or other association, or two or more persons having a joint or common interest. (4) 'Principal' includes any person to whom a fiduciary as such owes an obligation. (5) A thing is done 'in good faith' within the meaning of this Chapter when it is in fact done honestly, whether it be done negligently or not.
Louisiana Legal Code