La. Admin. Code tit. 7, pt. III, ch. 1, III-138, exh. III-D

Current through Register Vol. 50, No. 11, November 20, 2024

Exhibit III-D - FORM OF PROPOSAL TO ENTER INTO REPURCHASE OBLIGATION

LOUISIANA AGRICULTURAL

FINANCE AUTHORITY

SECURITIZED AGRICULTURAL

REVENUE BOND PROGRAM

Louisiana Agricultural Finance Authority

12055 Airline Highway

Baton Rouge, LA 70816

Sir:

The (Name of National Bank), a national banking association organized and existing under the laws of the United States, (the "Bank") hereby requests to participate in the securitized agricultural revenue bond program of the Louisiana Agricultural Finance Authority (the "Authority").

1. Name of bank.

2. Date of incorporation.

3. Address and telephone number of principal office.

4. Name and title of person to whom correspondence with regard to this program should be addressed.

5. Description of loans. Please provide the following information with respect to each proposed loan which the bank desires to make.

a. Total amount of loan

b. Date of loan

c. Eligible loan

i. When will the loan mature?

ii. How is principal payable (e.g. monthly, quarterly, semiannually, annually, at maturity)?

iii. How is interest payable (e.g. monthly, quarterly, semiannually, annually, at maturity)?

d. Please attach the amortization schedule of the loan, showing when principal is payable (e.g. monthly, quarterly, semiannually, annually, at maturity), when the principal comes due and on what dates.

e. Project financed

i. Location

ii. Description of project

6. Dollar amount of loan to be financed by the authority

La. Admin. Code tit. 7, pt. III, ch. 1, III-138, exh. III-D