La. Admin. Code tit. 7 § V-1517

Current through Register Vol. 50, No. 9, September 20, 2024
Section V-1517 - Concurrence in Loan Guarantees
A. The borrower must provide for the market commission file record a copy of the note and the chattel mortgage or crop lien payable to the lender and any other data deemed necessary by the market commission staff.
B. The loan guaranty agreement shall be executed by the borrower, the lender, and the commissioner of agriculture, or his designee, as official representative for the State Market Commission.

La. Admin. Code tit. 7, § V-1517

Promulgated by the Department of Agriculture, Market Commission, LR 8:271 (June 1982).
AUTHORITY NOTE: Promulgated in accordance with R.S. 3:549 and R.S. 3:543.