Louisiana Administrative Code

A. These rules govern the conversion of state-chartered savings and loan associations from mutual to stock form under the provisions of Sections 950 and 950.1 of Chapter 9 of Title 6 of the Louisiana Revised Statutes of 1950.

A. As used in these rules: Applicant―a mutual savings and loan association incorporated under the laws of the state of Louisiana which is applying to the Louisiana Commissioner of Financial Institutions, in his capacity as supervisor of Louisiana-chartered savings and loan associ…

A. An applicant shall file with the commissioner five copies of an application for Approval of Conversion, with supporting exhibits, in the form required by the FSLIC, including Forms AC, PS and OC. The applicant shall also furnish to the commissioner such additional information …

A. Articles of Incorporation. As part of the application, the applicant shall submit to the commissioner proposed amended articles of incorporation as a capital stock savings and loan association which shall comply with the requirements of R.S. 6:942 with regard to de novo stock …

A. The applicant's plan of conversion shall comply with the requirements of the FSLIC, including the determination of the eligibility record date and supplemental record date (if applicable) with respect to subscription rights to purchase the applicant's conversion stock, and pro…

A. The commissioner will not approve a plan of conversion unless he finds that the plan is fair and equitable to the members of the applicant, that the interests of the applicant's savings account holders and the public are adequately protected, and that the plan conforms to regu…

A. No plan of conversion shall be implemented unless it is approved at a meeting of the voting members of an applicant called to consider such action by a majority vote of the total number of votes eligible to be cast, in person or by proxy. Notice of the meeting, giving the time…

A. The offering circulars for the applicant's subscription offering and any additional offering to the general public shall be prepared in compliance with regulation of the FSLIC and any additional requirements imposed by the commissioner. Five copies of each such offering circul…

A. Prior to the execution of orders for the applicant's conversion stock, the applicant shall obtain from the commissioner his approval affixed to the applicant's amended articles of incorporation. An authenticated copy of the amended Articles of Incorporation shall be filed with…

A. All public bodies placed within the Office of the Lieutenant Governor 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. B. People with disabilities means any of th…

A. It is the intent of the Office of Technology Services to develop formal IT policies, standards and guidelines relative to information technology activities including but not limited to the following: 1. implementing IT standards for hardware, software, and consolidation of ser…

A. The official method of publishing/distributing OTS policies, standards and guidelines will be via the OTS website at: http://doa.louisiana.gov. B. Other electronic delivery systems will be utilized as appropriate to notify agencies of adopted policies and guidelines.

A. The purpose of the program is to provide financial assistance to public port authorities for capital projects which improve or maintain waterborne commerce and intermodal port infrastructure. Under this program, the Department of Economic Development (DED) is authorized to acc…

Applicant―the sponsoring Louisiana port authority requesting financial assistance from DED under this program. Award―funding approved under this program for eligible applicants. Awardee―an applicant receiving an award under this program. Capital Projects―include any port infrastr…

A. The objectives of this program are to develop and sustain the Louisiana ports and the navigable waterways system, particularly those infrastructures that improve efficiency of the system and contribute to the location of new industry, or expansion and retention of existing ind…

A. All Louisiana public port authorities are eligible to participate in the program. However, port projects that are eligible for funding under the Port Construction and Development Priority Fund administered by the Department of Transportation and Development will not be eligibl…

A. The types of projects funded under the program will include any type of port capital development projects, rehabilitation and maintenance, intermodal projects, land acquisition, site prep work and project feasibility studies that promote water transport and waterfront developm…

A. Each port authority will provide a match equal to at least 50 percent of the total cost of the project. The match may be furnished in cash or in-kind. No state funds can be used as matching funds.

A. Port authorities sponsoring projects are expected to provide complete and verifiable information on the proposed projects. The project information supplied should be accurate and documented in order for the department to adequately assess the merits of the project and prepare …

A. Applications must be submitted to the DED by March 1 to be considered for funding for the following fiscal year. Two copies of the application with all attachments should be submitted to the Secretary of DED.

A. Consideration will be given to projects which have completed preliminary planning work and ensure that the project is initiated within the funding year in which the project is approved. B. Consideration will be given to the project's contribution to regional economic developme…

A. Submitted applications will be reviewed and evaluated by a DED review committee. The committee will prepare a list of projects for funding and, if necessary, input may be required from the applicant, other divisions of the Department of Economic Development, and other state ag…

A. A port shall not be allocated in excess of 50 percent of the total appropriation as long as the appropriation does not exceed $5,000,000. In the event the appropriation for the Port Development Program exceeds $5,000,000, an individual award shall not exceed $1,000,000 each.

A. Grant award funds will be available to each port on a reimbursement basis following submission of required documentation to DED. Only funds spent on the project after the cooperative endeavor agreement (contract) has been agreed upon, signed and executed will be considered eli…

A. All monitoring will be done by DED. A portion of the fiscal years' appropriation, up to 5 percent, not to exceed $50,000, may be used by the DED to fund monitoring costs.

A. Definitions Commissioner―the Commissioner of the Louisiana Office of Financial Institutions. Licensee―any person or entity chartered or licensed by the Louisiana Office of Financial Institutions. Office―the Louisiana Office of Financial Institutions. B. Prior to the institutio…

A. Any interested person may petition the Office of Financial Institutions requesting the adoption, amendment, or repeal of a rule. B. A petition for adoption, amendment or repeal of a rule shall be plainly and prominently titled and styled as such and shall be manually signed by…

A. It is the purpose and intent of this memorandum to establish procedures in handling reimbursement for losses, including automobile physical damages losses, incurred under property insurance policies.

A. Funds for all property claims payable to state agencies under property policies, commercially insured or self-insured by the Office of Risk Management, shall be held in the Self-Insurance Fund by the Office of Risk Management, Division of Administration, until the damaged prop…

A. Except for state-owned vehicles provided for in Paragraph B, infra, if repair or replacement of damaged, destroyed, or stolen state-owned property, to include buildings and improvements, boiler and machinery equipment, contents, inventories (including mobile equipment and excl…

A. All GUMBO applications shall be publicly available on the office’s website for a period of at least 60 days prior to award. During the 60-day period, any interested party may submit comments to the director concerning any pending application. B. The protest process, official d…

A. No pesticide, including pharmaceuticals administered to livestock used for agricultural purposes, shall be sold, offered for sale, or distributed in this state without being registered by the manufacturer annually with the department. This registration shall expire on December…

A. Content of active ingredients on all pesticides should be at the level of guarantee. However, determination of compliance based on assay of a single sample shall be made as follows. 1. A single sample whose assay deviates below the stated guarantee shall be considered in compl…

A. Application for registration shall consist of two types, namely initial registration and renewal registration. Initial registration application may be filed at any time of the year. Renewal registration application shall be filed by the first day of December each year. Applica…

A. The commissioner may issue the following registrations. 1. State Experimental Use Permits (5f, FIFRA). If the EPA authorizes the commissioner to issue state experimental use permits, the following terms and conditions shall apply. a. Each person wishing to accumulate informati…

A. The sale, use, storage, distribution, transportation, or disposal of pesticides registered under this Subchapter shall be subject to the supervision by the department.

A. The annual imported safety fee, as required by R.S. 40:31.35(C), shall be due on December 31 of each year for the following calendar year’s safety fee. B. For a newly permitted commercial seafood processor or distributor, the imported safety fee shall be due 30 days after the …

A. Commercial processors and distributors of imported and commingled seafood shall submit a quarterly report to the Department of Agriculture and Forestry. 1. Each quarterly report shall include the following: a. the amount of seafood bought and sold in the previous quarter; b. a…

A. The Department of Agriculture and Forestry adopts these regulations under the authority of R.S. 3:4706 for the purposes of regulating and enforcing the truthfulness in labeling crawfish, shrimp, and products thereof and to prohibit the misleading packaging and marketing of sea…

A. The provisions of this Chapter shall apply only to persons who place a label on retail food products sold or offered for sale.

A. No person shall engage in the marketing, labeling, packaging, or advertising of crawfish, shrimp, or any product thereof, that implies or suggests any association with Louisiana’s culture and heritage if the association is likely to deceive the public as to its origin. B. No p…

A. The department may receive complaints regarding violations of this Chapter. Complaints may be directed to the department’s Weights and Measures Division. B. Upon receipt of a complaint, the department may investigate the alleged violation. C. The department may also investigat…

A. Whenever the department has reason to believe that a violation of this Chapter or the Act has occurred, the department may present the alleged violations at an adjudicatory hearing before the Weights and Measures Commission. B. The department shall notify the respondent of the…

A. Penalties may be assessed only by a ruling of the commissioner based upon a recommendation by the Weights and Measures Commission adjudicatory hearing held pursuant to R.S. 3:4706 and the Administrative Procedure Act.

A. Standards set forth in these regulations are intended to furnish guidelines for qualification, pursuant to the discretion of the commissioner authorized by Section 51:708(10) of Louisiana Revised Statutes of 1950, as amended, of offers and sales of securities. However, because…

A. The fair value of equity investment shall be deemed to mean the total of all sums conveyed to the issuer in the form of paid in or contributed cash or other tangible items with an established or determinable value. B. The burden of justifying as equitable, the quantity of prom…

6. No Options to Issuer's Agents. No options or warrants shall be issued to an agent of the issuer. 7. Options, Warrants and Convertible Debentures Issued in Connection with Financing Arrangements. Ordinarily, options, warrants and convertible debentures issued in connection with…

A. Warrants or stock purchase options, conversion privileges and other rights to acquire stock or other securities must be justified by the applicant. The following standards will be followed in determining whether the issuance of such warrants and stock options is justified. 1. …

A. Securities which have been issued within two years of the date of filing, or are to be issued to underwriters, promoters or insiders for an amount less than the public offering price or for a consideration other than cash (unless the value of such consideration can be conclusi…

A. General 1. Where, in the opinion of the commissioner, the protection of public investors so requires, the commissioner may require as a condition of registration that all or a portion of the proceeds from the sale of the securities registered shall be impounded with an impound…