Registration No. 333-
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM S-8

                          REGISTRATION STATEMENT UNDER
                           THE SECURITIES ACT OF 1933

                          LOUISIANA-PACIFIC CORPORATION
             (Exact name of registrant as specified in its charter)

         Delaware                                        93-0609074
 (State of incorporation)                      (IRS Employer Identification No.)

 805 S.W. Broadway, Suite 1200
 Portland, Oregon                                          97205
 (Address of principal executive offices)               (Zip Code)

          LOUISIANA-PACIFIC CORPORATION 1997 INCENTIVE STOCK AWARD PLAN
                            (Full title of the plan)

                             Anton C. Kirchhof, Jr.
                                    Secretary
                          Louisiana-Pacific Corporation
                          805 S.W. Broadway, Suite 1200
                             Portland, Oregon 97205
                            Telephone (503) 821-5100
           (Name, address, and telephone number of agent for service)


                         CALCULATION OF REGISTRATION FEE
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                                Proposed Maximum
       Title of         Amount to be    Offering Price   Proposed Maximum     Amount of
   Securities to be      Registered        Per Share         Aggregate     Registration Fee
      Registered                                          Offering Price
 -------------------------------------------------------------------------------------------
     Common Stock,
                                                                   
   par value $1 per       5,000,000       $11.81 (3)      $59,050,000 (3)       $5,432.60 (4)
  share, and options      shares(2)
   and other rights
  related thereto(1)
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(1) Includes one Preferred  Stock Purchase Right for each share of Common Stock,
    exercisable  on the terms and  conditions  specified  therein.  Prior to the
    occurrence of certain  events,  the Preferred Stock Purchase Rights will not
    be evidenced  separately from the Common Stock;  value  attributable to such
    Rights, if any, is reflected in the market price of the Common Stock.
(2) Pursuant to Rule 416 under the  Securities  Act of 1933,  this  registration
    statement also covers an indeterminate  number of additional shares reserved
    for issuance  under the 1997  Incentive  Stock Award Plan as a result of any
    future stock split, stock dividend, or similar adjustment of the outstanding
    Common Stock.
(3) Pursuant to Rule 457(h),  the proposed maximum aggregate  offering price and
    the registration fee have been computed based on the average of the high and
    low sales  prices,  $11.81,  reported  for the Common  Stock on the New York
    Stock Exchange-Composite Transactions on May 6, 2002.
(4) Pursuant to Rule 457(p),  the registration fee in the amount of $5,432.60 is
    offset  entirely  by the unused  registration  fee  associated  with  unsold
    securities   previously   registered   for  issuance  by   Louisiana-Pacific
    Corporation under the following registration statement on Form S-8, which is
    being  terminated   concurrently   with  the  filing  of  this  registration
    statement:

            Registration No.        Initial Filing Date        Total Unused Fee
            ----------------        -------------------        ----------------
            333-53695                 May 27, 1998              $8,802.41

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PART II INFORMATION REQUIRED IN THE REGISTRATION STATEMENT Item 3. Incorporation of Documents by Reference. The following documents filed by the registrant with the Securities and Exchange Commission are incorporated by reference in this registration statement: (a) The registrant's Annual Report on Form 10-K for the year ended December 31, 2001. (b) The registrant's Quarterly Report on Form 10-Q for the quarter ended March 31, 2002. (c) The registrant's Current Report on Form 8-K filed on May 9, 2002. (d) The description of the registrant's Common Stock included as Exhibit 99.1 to the registrant's Current Report on Form 8-K filed May 26, 1998. (e) The description of preferred stock purchase rights contained in the registrant's Registration Statement on Form 8-A filed May 26, 1998. All documents filed by the registrant subsequent to those listed above pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Securities Exchange Act of 1934, as amended, prior to the filing of a post-effective amendment which indicates that all securities offered have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference herein and to be a part hereof from the date of filing of such documents. Item 4. Description of Securities. Not applicable. Item 5. Interests of Named Experts and Counsel. Not applicable. Item 6. Indemnification of Directors and Officers. Indemnification The registrant's certificate of incorporation generally provides that its directors will have no personal liability to the registrant or its stockholders for monetary damages resulting from breaches of their fiduciary duties. However, the directors nonetheless remain liable for breaches of their duty of loyalty to the registrant and its stockholders, as well as for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law and transactions from which a director derives improper personal benefit. Section 174 of the Delaware General Corporation Law ("Law") provides that any director against whom a claim shall be successfully asserted under said section for an unlawful payment of a dividend or an unlawful stock purchase or redemption shall be entitled to be subrogated to the rights of the corporation against stockholders who received the dividend on, or assets for the sale or redemption of, II-1

their stock with knowledge that the same was unlawful. Said section also provides that any such director shall be entitled to contribution from the other directors who voted for or concurred in the unlawful dividend, stock purchase, or redemption. The registrant's certificate of incorporation and bylaws provide that the registrant shall indemnify its officers and directors to the full extent permitted by Section 145 of the Law, as amended from time to time. Said Section 145 authorizes a corporation, under certain conditions, to indemnify each person who is or was a director, officer, employee, or agent of the corporation, or is or was serving at the request of the corporation as a director, officer, employee, or agent of another corporation, partnership, joint venture, trust, or other enterprise (including an employee benefit plan), against certain expenses, judgments, fines, and amounts paid in settlement actually and reasonably incurred by him in connection with any threatened, pending, or completed action, suit, or proceeding, whether civil, criminal, administrative, or investigative, in which he was or is a party or is threatened to be made a party by reason of being or having been such director, officer, employee, or agent. In addition to the indemnification authorized by Section 145 of the Law, the registrant's bylaws provide that the registrant shall indemnify any natural person (not including non-employee lawyers, accountants, actuaries, investment advisers, or arbitrators acting in such capacity) who is or was serving in a fiduciary capacity with respect to one of the registrant's employee benefit or welfare plans or who is or was performing any service or duty on behalf of the registrant with respect to such a plan, against all expenses, judgments, fines, and amounts paid in settlement incurred by such person in connection with any action or proceeding arising out of such service or performance, to the extent such expenses and amounts are insurable but not covered by collectible insurance or otherwise indemnified. Such indemnification shall not be available to any person who participated in or knowingly failed to take appropriate action with respect to any violation of any responsibilities or obligations imposed upon fiduciaries by law, knowing such to be a violation of such responsibilities or obligations. Insurance The registrant maintains directors' and officers' liability insurance under which the registrant's directors and officers are insured against loss (as defined) as a result of claims brought against them based upon their acts or omissions in such capacities. Item 7. Exemption from Registration Claimed. Not applicable. Item 8. Exhibits. The Index to Exhibits listing the exhibits required by Item 601 of Regulation S-K is located at page II-5. Item 9. Undertakings. (a) The undersigned registrant hereby undertakes: (1) To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement: (i) To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933 ("Securities Act"); II-2

(ii) To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement; (iii) To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement; Provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed by the registrant pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 ("Exchange Act") that are incorporated by reference in the registration statement. (2) That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. (3) To remove from registration by means of a post-effective amendment any of the securities being registered that remain unsold at the termination of the offering. (b) The undersigned registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the registrant's annual report pursuant to Section 13(a) or 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. (h) Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the registrant pursuant to the provisions described in Item 6 above, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue. The undertaking of the registrant in the preceding sentence does not apply to insurance against liability arising under the Securities Act. II-3

SIGNATURES The Registrant. Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the city of Portland, state of Oregon, on the 7th day of May, 2002. LOUISIANA-PACIFIC CORPORATION (Registrant) By /s/ Curtis M. Stevens ----------------------------------- Curtis M. Stevens Vice President, Treasurer and Chief Financial Officer Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities indicated as of the 7th day of May, 2002. Signature Title --------- ----- (1) Principal Executive Officer and Director MARK A. SUWYN* Chairman of the Board, Chief Executive Officer and Director (2) Principal Financial and Accounting Officer: /s/ Curtis M. Stevens ------------------------------- Vice President, Treasurer Curtis M. Stevens and Chief Financial Officer (3) A majority of the Board of Directors: WILLIAM C. BROOKS* Director E. GARY COOK* Director ARCHIE W. DUNHAM* Director PAUL W. HANSEN * Director BRENDA J. LAUDERBACK* Director LEE C. SIMPSON* Director COLIN D. WATSON* Director *By /s/ Anton C. Kirchof ----------------------------- Anton C. Kirchhof Attorney-in-fact II-4

INDEX TO EXHIBITS 4.1 Articles Fourth, Fifth, Seventh, Eighth, Ninth, and Tenth of the registrant's Restated Certificate of Incorporation, defining the rights of holders of Common Stock. Incorporated by reference to Exhibit 3(a) to the registrant's Form 10-Q report for the quarter ended June 30, 1993. 4.2 Article I, Article II, Sections 2 and 11, Article IV, Article VII and Article X of the registrant's Bylaws, as amended, defining the rights of holders of Common Stock. Incorporated by reference to Exhibit 3.1 to the registrant's Form 10-Q report for the quarter ended June 30, 2001. 4.3 Rights Agreement, dated as of May 26, 1998, between the registrant and First Chicago Trust Company of New York, as Rights Agent, including the form of Right Certificate as Exhibit A and the Summary of Rights to Purchase Preferred Shares as Exhibit B. Incorporated by reference to Exhibit 1 to the registrant's Registration on Form 8-A filed May 26, 1998. 4.4 Amendment to Rights Agreement dated as of October 17, 2001, between the registrant and First Chicago Trust Company of New York, as Rights Agent. Incorporated by reference to Exhibit 4.2 to the registrant's Annual Report on Form 10-K for the year ended December 31, 2001. 5 Opinion of Miller Nash LLP as to the legality of the securities being registered. 23.1 Consent of Deloitte & Touche LLP. 23.2 Consent of Miller Nash LLP (included in Exhibit 5). 24 Power of attorney of certain officers and directors. - ----------- Other exhibits listed in Item 601 to Regulation S-K are not applicable.


                                    Exhibit 5

                                 Miller Nash LLP
                                ATTORNEYS AT LAW
                              111 S.W. Fifth Avenue
                           Portland, Oregon 97204-3699
                                 (503) 224-5858
                              (503) 224-0155 (fax)

                                   May 7, 2002

 Louisiana-Pacific Corporation
 805 S.W. Broadway, Suite 1200
 Portland, Oregon  97205

     Subject:  Registration  Statement  on Form S-8  Relating to 1997  Incentive
     Stock Award Plan

 Gentlemen:

      Reference is made to the Registration Statement on Form S-8 ("Registration
Statement") to be filed by Louisiana-Pacific Corporation, a Delaware corporation
("Company"),  with the  Securities  and Exchange  Commission  for the purpose of
registering under the Securities Act of 1933, as amended (the "Securities Act"),
5,000,000  additional  shares  of the  Company's  Common  Stock,  $1  par  value
("Shares"),  to be issued under the Company's  1997  Incentive  Stock Award Plan
("Plan"), together with rights related thereto.

      We have examined originals or copies, certified or otherwise identified to
our satisfaction,  of such corporate records,  certificates of public officials,
and other  documents as we have deemed  necessary or relevant as a basis for the
opinion set forth herein.

      Based on the foregoing, it is our opinion that:

      1. The Plan has been duly adopted and approved by all necessary  corporate
action.

      2. The 5,000,000  additional Shares issuable under the Plan have been duly
authorized and reserved for issuance.

      3. When the Shares are issued and sold by the  Company as  provided in the
Plan while the  Registration  Statement is  effective,  and when payment for the
Shares to the extent and in the  manner  required  by the Plan and not less than
the par value  thereof is  received by the  Company,  the Shares will be legally
issued, fully paid and nonassessable.

      We consent to the use of this opinion in the Registration Statement and in
any amendments  thereof. In giving this consent, we do not thereby admit that we
are in the category of persons whose consent is required  under Section 7 of the
Securities Act.

                                Very truly yours,

                                /s/ MILLER NASH LLP



     INDEPENDENT AUDITORS' CONSENT



     We consent to the incorporation by reference in this Registration Statement
     of  Louisiana-Pacific  Corporation  on Form S-8 of our report dated January
     30, 2002,  appearing in the Annual Report on Form 10-K of Louisiana-Pacific
     Corporation for the year ended December 31, 2001.



     /s/ DELOITTE & TOUCHE LLP


     Portland, Oregon
     May 7, 2002




                                   Exhibit 24
                                POWER OF ATTORNEY

      Each person whose signature appears below designates and appoints CURTIS
M. STEVENS and ANTON C. KIRCHHOF, JR., and each of them, his or her true and
lawful attorneys-in-fact and agents to sign a registration statement on Form S-8
to be filed by Louisiana-Pacific Corporation, a Delaware corporation, with the
Securities and Exchange Commission under the Securities Act of 1933, as amended,
for the purpose of registering 5,000,000 additional shares of common stock of
Louisiana-Pacific Corporation, to be issued pursuant to the Louisiana-Pacific
Corporation 1997 Incentive Stock Award Plan, together with any and all
amendments (including post-effective amendments) to the registration statement.
Each person whose signature appears below also grants full power and authority
to these attorneys-in-fact and agents to take any action and execute any
instruments that they deem necessary or desirable in connection with the
preparation and filing of the registration statement, as fully as he could do in
person, hereby ratifying and confirming all that the attorneys-in-fact and
agents or their substitutes may lawfully do or cause to be done.

      IN WITNESS  WHEREOF,  this power of attorney has been  executed by each of
the undersigned as of the 6th day of May, 2002.


Signature                                 Title


/s/ Mark A. Suwyn
- --------------------------
Mark A. Suwyn                             Chief Executive Officer, Chairman
                                          of the Board, Director
/s/ Curtis M. Stevens
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Curtis M. Stevens                         Vice President, Treasurer and
                                          Chief Financial Officer

/s/ William C. Brooks
- --------------------------
William C. Brooks                         Director


/s/ E. Gary Cook
- --------------------------
E. Gary Cook                              Director


/s/ Archie W. Dunham
- --------------------------
Archie W. Dunham                          Director


/s/ Paul W. Hansen
- --------------------------
Paul W. Hansen                            Director


/s/ Brenda J. Lauderback
- --------------------------
Brenda J. Lauderback                      Director



- --------------------------
Patrick F. McCartan                       Director


/s/ Lee C. Simpson
- --------------------------
Lee C. Simpson                            Director


/s/ Colin D. Watson
- --------------------------
Colin D. Watson                           Director