La. Admin. Code tit. 7 § III-309

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

Section III-309 - Agricultural Loan Committee; Establishment of; Purpose; Membership; Quorum

A. The agricultural loan committee is hereby established to consider and act on applications for loans or grants, or a combination of both made pursuant to this Part.

B. The agricultural loan committee shall consist of the following seven members:

1. the Commissioner of Agriculture and Forestry or his designee;

2. the Chancellor of the LSU AgCenter or his designee;

3. the Chancellor of the Southern University AgCenter or his designee;

4. the President of the Louisiana Farm Bureau Federation or his designee;

5. the Assistant Commissioner of Agriculture and Forestry, Office of Management and Finance or his designee;

6. one member at large appointed by the Commissioner of Agriculture and Forestry;

7. the Director of LAFA or his designee.

C. Four members of the agriculture loan committee shall constitute a quorum.

La. Admin. Code tit. 7, § III-309

Promulgated by the Department of Agriculture and Forestry, Agricultural Finance Authority, LR 36:468 (March 2010).

AUTHORITY NOTE: Promulgated in accordance with R. S. 3:266.