La. Admin. Code tit. 7, pt. III, ch. 1, III-138, exh. III-E
(National Bank)
Sir:
You are hereby notified that your proposal to enter into repurchase obligation to the Louisiana Agricultural Finance Authority ("Authority") has been tentatively approved pending completion of and signing a repurchase obligation, a form of which is enclosed. This approval is based upon the information and representations provided by you in your proposal to enter into repurchase obligation application and is expressly conditioned upon the accuracy of such information and timely completion of the repurchase obligation.
Pursuant to our earlier correspondence, the terms of the loan shall be as follows:
(Terms of Refinanced Loan)
Please execute and return the enclosed repurchase obligation within fourteen days of the postmark of this conditional approval to the offices of the Louisiana Agricultural Finance Authority, Department of Agriculture, 12055 Airline Highway, Baton Rouge, LA 70816, Attention: Director. If the Repurchase Obligation is not received by the Authority within fourteen days of the postmark on the letter delivering this Conditional Approval, the Authority may discontinue consideration of the applicant's loan.
Sincerely,
LOUISIANA AGRICULTURAL FINANCE AUTHORITY
La. Admin. Code tit. 7, pt. III, ch. 1, III-138, exh. III-E