Louisiana Administrative Code

A. Forms of documents to be used with respect to insured mortgage loans and the issuance and sale of the agency's notes and bonds shall be prepared, and may be revised and amended, by the agency under direction of the executive director on behalf of the agency, subject to legal r…

A. The agency reserves the right to pursue all remedies prescribed by law or in the act for breach or violation of any provision of any agency loan document described in

Agricultural Plant―any facility which receives raw agricultural products for the purpose of rendering them suitable for wholesale or retail marketing. Agricultural Product―any farm product or seafood product. Aquacultural Crop―catfish, crawfish, crabs, oysters, shrimp, prawns, al…

A. Any person engaged or to be engaged in the processing of agricultural products shall be eligible for a market commission loan or loan guaranty upon proper application and approval, as set forth herein, under the Agricultural Products Processing Development Program. B. The mark…

A. The market commission may loan to any person funds to be actually expended to acquire, construct, furnish, equip, make necessary improvement to or purchase land for any agricultural plant which will be occupied by the person, which loan shall not exceed 75 percent of the value…

A. Applications may be filed at any time throughout the year and may be personally delivered to the Market Commission Office in Baton Rouge or forwarded through the United States mail. B. An application will be considered filed only upon provision of all information required in §…

A. Every applicant for a market commission loan or for a loan guaranty shall submit the following information to the commission: 1. name and address of applicant including all principals by name and address; 2. a statement of the nature and amount of the interest held by each pri…

A. The applicant must provide all required information at least 20 working days prior to the meeting at which the application will be considered. The commission shall not consider any incomplete application. B. The applicant or its representative must appear in person at the meet…

A. Prior to the setting of a date for the loan closing, the applicant must submit the following: 1. satisfactory proof that the agricultural plant, if new construction, improvement to or expansion of an existing plant has been completed in accordance with the plans submitted to t…

A. The market commission shall fix the rate of interest to be charged on every commission loan on a case by case basis, however, in no case shall the rate be less than the base federal reserve discount rate at the time the loan is approved. B. The market commission may approve a …

A. Each year, on the anniversary of the disbursement of loan proceeds, each recipient of a loan or a loan guaranty shall provide the following: 1. a listing of all stockholders, with the number of shares held by each, at any time during the previous year; 2. a current statement o…

A. The market commission may approve a note providing for a final balloon payment, but shall not approve a final balloon payment in excess of 75 percent of the total amount of the original loan. B. If the market commission votes in open session to approve rescheduling of a balloo…

A. The market commission may enter into cooperative endeavor agreements. B. All cooperative endeavor agreements shall be written and shall be approved by the market commission. C. Cooperative endeavor agreements shall not exceed a term of five years, but may be renewed for any ad…

A. Any unpaid principal and/or interest shall be considered delinquent on the tenth day following the due date. B. Routine written notification of delinquency shall be sent to the borrower on the thirtieth day following the due date. C. In the absence of response to the 30-day no…

A. The market commission shall not approve any loan or loan guaranty for any applicant who fails to submit all required information. B. The market commission shall not approve any loan or loan guaranty for any person which is not domiciled in Louisiana. C. The market commission s…

Commissioner―the Louisiana Commissioner of Agriculture and Forestry. Department―the Louisiana Department of Agriculture and Forestry. Farm―all acreage within a watershed owned, operated or managed by an individual or legal entity if the acreage is used for the commercial producti…

A. The following individuals are eligible to apply to become a master farmer: 1. an individual who owns and operates one or more farms in his own name or through a legal entity in which the individual owns a controlling interest; 2. an individual who operates one or more farms on…

A. The commissioner or his designee shall review each application for a master farmer certification to determine if the applicant successfully meets the requirements established by R.S. 3:304 and these regulations for obtaining a master farmer certification. If the commissioner a…

A. A master farmer shall remain certified as a master farmer so long as he or she actively maintains the resource management system plan in accordance with best management practices for each farm owned, operated, or managed by that individual. B. A master farmer shall be actively…

A. The Louisiana Department of Agriculture and Forestry and all public bodies created within the department shall provide for access to and participation in open meetings held by the public body via electronic means on an individualized basis to people with disabilities.

A. At least twenty-four hours prior to the meeting, the public body shall post the following to its website: 1. meeting notice and agenda; and 2. detailed information regarding how members of the public may: a. participate in the meeting via electronic means, including the applic…

A. Any public body that conducts six or more regularly scheduled meetings in a calendar year shall not conduct any more than one-third of its open meetings via electronic means, and will only conduct successive meetings via electronic means as needed. B. The public body shall ens…

A. Although an open meeting may be scheduled as in-person, the public body is obligated to provide for participation via electronic means on an individualized basis by people with disabilities. B. People with disabilities are defined as any of the following: 1. a member of the pu…

A. As used in this Subchapter, the terms defined in this Section have the meanings herein given to them, except where the context expressly indicates otherwise. ASTM or ASTM International―the national voluntary consensus standards organization formed for the development of standa…

A. Gasoline and gasoline-oxygenate blends sold, offered for sale, or distributed in Louisiana shall meet the following requirements. 1. The latest revision of ASTM D 4814, "Standard Specification for Automotive Spark-Ignition Engine Fuel," as approved and published by ASTM Intern…

A. Diesel fuel sold, offered for sale, or distributed in Louisiana shall meet the following requirements. 1. The latest revision of ASTM D 975, "Standard Specification for Diesel Fuel Oils," as approved and published by ASTM International except that the requirements of the lubri…

A. Aviation Turbine Fuels sold, offered for sale, or distributed in Louisiana shall meet the specifications of the latest revision of ASTM D 1655, "Standard Specification for Aviation Turbine Fuels," as approved and published by ASTM International.

A. Aviation Gasoline sold, offered for sale, or distributed in Louisiana shall meet the specifications of the latest revision of ASTM D 910, "Standard Specification for Aviation Gasoline," as approved and published by ASTM International.

A. Fuel Oils sold, offered for sale or distributed in Louisiana shall meet the specifications of the latest revision of ASTM D 396, "Standard Specification for Fuel Oils," as approved and published by ASTM International.

A. Kerosene (Kerosine) sold, offered for sale, or distributed in Louisiana shall meet the specifications of the latest revision of ASTM D 3699, "Standard Specification for Kerosine," as approved and published by ASTM International.

A. Ethanol intended for blending with gasoline sold, offered for sale, or distributed in Louisiana shall meet the specifications of the latest revision of ASTM D 4806, "Standard Specification for Denatured Fuel Ethanol for Blending with Gasolines for Use as Automotive Spark-Ignit…

A. E85 Fuel Ethanol sold, offered for sale, or distributed in Louisiana shall meet the specifications of the latest revision of ASTM D 5798, "Standard Specification for Fuel Ethanol (Ed75-Ed85) for Automotive Spark-Ignition Engines" as approved and published by ASTM International…

A. M85 Fuel Methanol sold, offered for sale or distributed in Louisiana shall meet the specifications of the latest revision of ASTM D 5797, "Standard Specification for Fuel Methanol M70-M85 for Automotive Spark Ignition Engines," as approved and published by ASTM International.

A. When gasoline, gasoline-oxygenate blends, reformulated gasoline, M85 and M100 fuel methanol, ethanol flex fuels, biodiesel, biomass-based diesel, biomass-based diesel blend, diesel fuel, kerosene, aviation gasoline, aviation turbine fuels, or fuel oils are sold, an invoice, bi…

A. All dispensing devices for automotive gasoline and automotive gasoline-oxygenate blends shall post the Antiknock Index in accordance with applicable federal regulations (16 CFR Part 306, adopted 44 FR 19169, as amended 58 FR 41372-4, 59 FR 48798, 61 FR 54549, and 61 FR 55840).…

A. Diesel fuel sold, offered for sale, or distributed in Louisiana shall be identified by grades No. 1-D, No. 1-D (low sulfur), No. 2-D, No. 2-D (low sulfur), No. 2-D (ultra-low sulfur) or No. 4-D. B. Each retail dispenser of diesel fuel shall be labeled according to the grade be…

A. A biodiesel or biomass-based diesel blend containing more than 5 percent of a biodiesel or biomass-based diesel by volume shall be identified by the term "biodiesel blend" or “biomass-based diesel blend.” A blend containing 5 percent or less of a biodiesel or biomass-based die…

A. Aviation turbine fuels sold, offered for sale, or distributed in Louisiana shall be identified by Jet A, Jet A-1, or Jet B. B. Each dispenser or airport fuel truck dispensing aviation turbine fuels shall be labeled in accordance with the "Standard for Aircraft Fuel Servicing,"…

A. Aviation gasoline sold, offered for sale, or distributed in Louisiana shall be identified by Grade 80, Grade 100, or Grade 100LL. B. Each dispenser or airport fuel truck dispensing aviation gasoline shall be labeled in accordance with the "Standard for Aircraft Fuel Servicing,…

A. Fuel Oil sold, offered for sale, or distributed in Louisiana shall be identified by the grades of No. 1, No. 2, No. 4 (Light), No. 4, No. 5 (Light), No. 5 (Heavy), or No. 6.

A. Kerosene sold, offered for sale, or distributed in Louisiana shall be identified by the grades No. 1-K or No. 2-K. B. Each retail dispenser of kerosene shall be labeled as 1-K Kerosene or 2-K Kerosene. In addition, No. 2-K dispensers shall display the following legend: "Warnin…

A. A dispenser of motor fuel containing greater than 1 percent but no more than 10 percent ethanol by volume shall have a label on both sides of the dispenser stating "contains ethanol" or "contains up to 10 percent ethanol," or "may contain up to 10 percent ethanol," or similar …

A. Fuel ethanol sold, offered for sale, or distributed in Louisiana shall be identified by the capital letter E followed by the numerical value volume percentage of ethanol. B. Each retail dispenser of fuel ethanol shall be labeled with the capital letter E followed by the numeri…

A. Fuel methanol sold, offered for sale, or distributed in Louisiana shall be identified by the capital letter M followed by the numerical value volume percentage of methanol. B. Each retail dispenser of fuel methanol shall be labeled by the capital letter M followed by the numer…

A. No water phase greater than 6 mm (1/4 in), as determined by an appropriate detection paste, is allowed to accumulate in any tank utilized in the storage of gasoline-alcohol blend, aviation gasoline, and aviation turbine fuel. B. Water shall not exceed 50 mm (2 in) in depth whe…

A. The commissioner or his designee may obtain samples of any and all petroleum products provided for in this Subchapter that are sold, offered for sale, distributed, or used in this state. The samples may be taken from any commercial weighing or measuring device used in the sale…

A. When the analysis of a sample of a petroleum product performed in conformity with the provisions of this Subchapter discloses that the product from which the sample was taken does not conform to the specifications fixed by this Subchapter, it is the duty of the commissioner to…

A. All engine fuels designed for special use that do not meet ASTM specifications or standards set out in this Subchapter shall be registered with the commissioner, on forms prescribed by the commissioner, 30 days prior to when the registrant wishes to engage in sales. The regist…

A. ASTM Standard Test Methods referenced for use within the applicable Standard Specification shall be used to determine the specification values for enforcement purposes. B. Reproducibility Limits 1. When determining the Antiknock Index acceptance or rejection of a gasoline samp…

A. Direct lease-financing transactions are valid and proper activities that Louisiana state banks may engage in, in their course of business under the following. 1. A Louisiana state bank may become the owner and lessor of personal and real property upon the specific request of a…