61 sections in this chapter.
Chapter 1. General Provisions-133 Tag Requirements
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A. The analysis tag shall carry the information required by the Louisiana Seed Law, R.S. 3:1431 et seq. using the example below as a labeling guideline. Kind and Variety Origin________Net Wt. ______Lot No. ________ Pure Seed _______Percent Germination_________Percent ________ Ine…
Chapter 1. General Provisions-133 The Credit Provider
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A. The following financial institutions shall qualify as credit providers and shall meet the following conditions. 1. A savings and loan association insured by FSLIC may act as credit provider and shall deliver a letter of credit and in the event such savings and loan association…
Chapter 1. General Provisions-135 Procedure Required for Funding Agricultural Loans with Proceeds of the Bonds
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A. Initiation of Eligible Loan Purchase. A lender may submit to the issuer, the trustee and the co-trustee a proposal to sell agricultural loans in substantially the form attached as Exhibit B hereto. Such form shall include a description of the rates, fees and terms of the loans…
Chapter 1. General Provisions-135 Invoices and Records; Inspection of Records
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A. Each person selling, distributing, or offering or handling for sale agricultural or vegetable seed shall keep for a period of three years complete records of each container or lot of seed sold, distributed, or offered or handled for sale by that person. Complete records shall,…
Chapter 1. General Provisions-137 Sampling
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A. The manner of sampling and handling seed in the field and analyzing and testing seed in the laboratory, greenhouse and trial plots shall be the same as that recommended in the latest rules for testing seed adopted by the Association of Official Seed Analysts.
Chapter 1. General Provisions-137 Amendment to Program Guidelines
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A. The Program Guidelines, Exhibit B of the indenture, may not be amended by the issuer, trustee, or co-trustee at any time.
Chapter 1. General Provisions-138 Funding Forms
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Exhibit A TRUST INDENTURE Editor's Note: This exhibit may be obtained in its entirety from the Department of Agriculture and Forestry, Agricultural Finance Authority, 5825 Florida Boulevard, Baton Rouge, LA 70806. Exhibit B FORM OF PROPOSAL TO SELL AGRICULTURAL LOANS LOUISIANA AG…
Chapter 1. General Provisions-139 Tolerances
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A. Except as otherwise provided in this Section, the tolerances published in the latest rules and regulations for testing seed by the Association of Official Seed Analysts shall be applicable in the administration of the Louisiana Seed Law. B. Germination Tolerances. The followin…
Chapter 1. General Provisions-139 Meaning of National Bank
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A. For any and all programs and regulations that Louisiana Agricultural Finance Authority (LAFA) has implemented or will implement, LAFA hereby deems the term "national bank" to include banks of foreign nations which are national in scope of operations in their domicile nation.
Chapter 1. General Provisions-141 Construction of Maximum Amounts of Loans
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A. Wherever regulations adopted or to be adopted by Louisiana Agricultural Finance Authority (LAFA) establish a maximum dollar amount of a transaction or loan that LAFA may purchase or sell or contract to purchase or sell but do not expressly place a restriction on the number of …
Chapter 1. General Provisions-141 Germination Standards for Vegetable Seed
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A. Germination standards for vegetable seed shall be the same as those published under USDA Agricultural Marketing Service Federal Seed Act Regulations Part 201. Minimum germination, which shall also include hard seed, of vegetable or garden seed shall be as follows. Seed Kind Pe…