Louisiana Administrative Code

B. The loan shall have a maximum term of five years. C. The loan shall not exceed a maximum of $3,000. D. In the case of a guaranteed loan, the guarantee shall not exceed 75 percent of the sums, in principal and interest, due and payable under the mortgage or crop lien securing t…

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

A. Name and addresses of the applicant and applicant's parents or guardian. B. Name and address of recommending supervisor of the project. C. Personal financial statement of the applicant, signed by the applicant and parents or guardian, on forms provided by the commission. D. A …

A. The applicant must meet all criteria for eligibility set forth in

A. An application for a farm youth loan or loan guarantee shall be submitted for market commission consideration at the first commission meeting occurring at least 10 working days following submission of the completed application. B. The commission shall approve/deny such applica…

A. An applicant whose application has been denied by the commission may re-apply at any time whenever his circumstances change whereby the reasons for denial have been corrected.

A. Prior to disbursement of loan funds all legal instruments must be examined and approved by the department attorney. B. On the date of disbursement of loan proceeds the borrower must execute a note secured by a chattel mortgage or crop lien payable to the market commission sett…

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, …

A. The commission shall send written notice within 30 days to any borrower of a direct loan after any default on any payment of principal and/or interest and shall request an explanation or reason for delinquency of payment. B. Within 60 days of default to any payment of principa…

A. In accordance with the authority vested in the Commissioner of Administration by R.S. 39:231 and in accordance with the provisions of the Administrative Procedure Act, R.S. 49:950-968. Notice is hereby given of the revisions to Policy and Procedures Memorandum No. 49 (PPM 49),…

A. For the purpose of PPM 49, the following words have the meaning indicated. Agency—any board, commission, department, division, agency, office, or other entity within the executive, judicial, and legislative branches of state government. Allowance—maximum amount allowed for tra…

A. General Travel Policies 1. Department heads may establish travel regulations within their respective agencies, but agency regulations shall not exceed the maximum limitations set by the Commissioner of Administration. A final draft and a draft highlighting any deviations from …

The most cost-effective method of transportation that will accomplish the purpose of the travel shall be selected. Official state travelers must use the most direct travel route. Among the factors to be considered are the length of travel time, vehicle operation cost, and cost/av…

A. General Lodging Information 1. Lodging rates for the 48 contiguous states are based on the GSA lodging rates for the applicable location. The GSA lodging rates can be found at https://www.gsa.gov/travel/plan-book/per-diem-rates. 2. Alaska, Hawaii, and U.S. Territories shall fo…

A. Meals and Incidentals While In Travel Status 1. Meal and incidental rates based on the GSA meal rates for the 48 contiguous states. The GSA meal and incidental rates can be found at https://www.gsa.gov/travel/plan-book/per-diem-rates 2. Alaska, Hawaii, and U.S. Territories sha…

A. Communication and Internet Expenses 1. Travelers with a state issued phone or receiving a monthly stipend are not allowed communication reimbursements. 2. State business communication costs may be reimbursed with receipts. 3. For international travel: up to $10 for personal ca…

A. Applies to both in-state and out-of-state. State Sponsored Conferences: agencies must solicit three bona fide competitive quotes in accordance with the current Governor’s Small Purchase Executive Order. 1. Attendee Verification. All state sponsored conferences must have a sign…

A. International travel must be approved by the Commissioner of Administration for all state agencies other than higher education. B. The entity head of higher education institutions or his/her designee may approve international travel prior to the departure date. C. All requests…

A. The Commissioner of Administration may waive, in writing, any provision in these regulations when the State’s best interest will be served. All waivers of PPM 49 must receive prior approval from the Commissioner of Administration, except in declared emergencies.

Licensee―a person licensed by the commissioner under the provisions of the: 1. Louisiana Check Cashers Act-R.S. 6:1001 et seq.; 2. Louisiana Sale of Checks and Money Transmission Act-R.S. 6:1031 et seq.; 3. Louisiana Consumer Credit Law-R.S. 9:3510 et seq.; 4. Louisiana Credit Re…

A. No person having an office in Louisiana shall broker a loan in Louisiana unless exempt by statute, without first being licensed and complying with the provisions of the Louisiana Loan Brokers Act. B. Any licensee who performs loan brokerage activity or who enters into a loan b…

A. A person licensed or exempt from licensure as a loan broker, is prohibited from brokering a loan to a Louisiana consumer which does not comply with the LCCL or LDPSLA.

A. Any person or licensee who is found to be in violation of this regulation may be subject to any and all of the administrative and enforcement proceedings provided by R.S. 9:3554.

A. The Louisiana Administrative Procedure Act, R.S. 49:950 et seq., shall govern all proceedings instituted under the coverage of this rule.

A. The purpose of this program is to promote and enhance Louisiana Department of Economic Development's cluster development, the goals of Vision 20/20, Louisiana's long-term plan for economic development, and related public policy for the introduction, growth and retention of Lou…

Applicant―the public entity requesting the loan funding from the Louisiana Project Equity Fund for equipment and other materials to be owned by the public entity during the pendency of the loan and to be utilized by the company for the project. Award―the funding of the loan from …

A. The following general principles will direct the administration of the Louisiana Project Equity Fund. 1. Awards are not to be construed as an entitlement for companies locating or located in Louisiana and are subject to the discretion of the LED, the secretary of the LED and t…

A. In order to be eligible for a Project Equity Funding Award pursuant to this program, the applicant and company must demonstrate to the satisfaction of the board that the award sought must be consistent with the principles set forth above, and the applicant and company must dem…

A. The applicant and the company must jointly submit an application to the LED through its assigned staff and cluster director(s) responsible for the business area that will be subject to the project for which the lending is being sought, in proposal form which shall contain the …

A. All funding applications must be considered by the board after review by the assigned staff and upon recommendation of the relevant cluster director and the secretary. Thereafter, the LEDC board upon such review as may be necessary to make the determination as to the applicati…

A. The Depository Institutions' Section of the Louisiana Office of Financial Institutions ("OFI") is funded entirely through assessments and fees levied on state-chartered financial institutions for services rendered. All fees detailed in this rule are nonrefundable and must be p…

A. Pursuant to the authority granted under R.S. 6:121; 6:576; 6:592; and 6:613, the following fee and assessment structure is hereby established to cover necessary costs associated with the administration of the Louisiana Trust Company Law, R.S. 6:571 et seq. Description Fee A. A…

A. The following systems or controls must be present and in good operating order prior to the issuance of a decal. 1. Aerial and Ground Application Equipment a. The hopper must be free of leaks and in good working order; and b. all equipment must include a properly functioning pr…

A. This policy applies to the microfilming of any agency record that is to be maintained solely in microfilm format and to all microfilm which is created or maintained for the full retention period of the record as a preservation copy of an agency record. This policy does not app…

A. The following words and terms, when used in this Chapter, have the following meanings, unless the context clearly indicates otherwise. Terms not defined in these Sections have the meanings defined in the R.S. 44:402. Access Film—microfilm copies of records created only for con…

A. Microfilming of records must be in compliance with an approved agency retention schedule. For microfilm maintained as roll film, no more than one records series is permitted on each roll of microfilm.

A. Agencies must maintain the following records in their original analog format after microfilming: 1. records that are required by federal or state statutes or regulations to be maintained in their original, physical format; 2. records that are not listed on the agency’s approve…

A. After the completion of production tests and quality inspection, original microfilm must not be unwound and used for any purpose except: 1. to produce duplicate copies of the film; 2. to carry out periodic inspection of stored original film; 3. to expunge records required by l…

A. The records to be filmed must be arranged, identified, and indexed for filming so an individual document or series of documents can be located on the film. In instances where records are not self-indexing (i.e., not in a readily identifiable numeric or alphabetic sequence) an …

A. Any use of image marking should comply with standard ANSI/AIIM MS8.

A. Whenever possible, targets must all face the same direction as the records being microfilmed.

A. Image sequence on roll microfilm must include at a minimum: 1. leaders with a minimum of 3 feet (36 inches) of blank film; 2. a density target and resolution target; 3. a title page (including agency of record); 4. a records series identification page; 5. records on film; 6. a…

A. Filming sequence for retakes and additions on all microfilm must include: 1. title target identifying the retake or addition records; 2. the retake or addition records; and 3. certification of the camera or scanner operator.

A. Original processed microfilm must be visually inspected according to the following procedures: 1. A visual inspection of microfilm within two weeks of creation must be completed to verify legibility. 2. Images of documents must be uniformly placed on the film and must be free …

A. It is recommended that film imaging equipment be calibrated, tested, or otherwise inspected and adjusted at least twice annually or more often if required to comply with manufacturer's specifications or recommended operating and maintenance procedures.

A. Original film should be stored in a separate building from where duplicate copies or the original record are housed. In addition, films of different generic types should not be stored in the same storage room/vault or in rooms sharing common ventilation.

A. Original microfilm should be stored in a storage room or vault that: 1. conforms to ISO 18911:2010 or any superseding standards that may be issued by a relevant authority; 2. offers protection from fire, water, steam, structural collapse, unauthorized access, and other potenti…

A. Storage housing materials must be noncombustible and non-corrosive. Microfilm containers for original microfilm must: 1. be used for processed microfilm to protect the film and facilitate identification and handling; 2. be chemically stable materials such as non-corrodible met…

A. Labels must include: 1. whether the film is original microfilm or a duplicate, including generation number if known; 2. identification number; 3. name of agency; 4. records series title; 5. inclusive dates of records; 6. the beginning and ending records; and 7. retakes/additio…

A. Inspection of stored original microfilm may be conducted in accordance with the following standards: 1. ISO 18911:2010; 2. ANSI/AIIM MS45; 3. ANSI/AIIM TR13; 4. ANSI/NAPM IT9.1; or 5. any superseding standard that may be issued by a relevant authority. B. When inspection is do…