Louisiana Administrative Code
Title 7 - AGRICULTURE AND ANIMALS
Part III - Agricultural Finance
Chapter 1 - General Provisions
Section III-113 - Minimum Amount of Bonds/Agricultural Loans
Universal Citation: LA Admin Code III-113
Current through Register Vol. 50, No. 9, September 20, 2024
A. The minimum amount of loans originated by any one lender shall be $10,000.
B. The minimum amount of a loan shall be $10,000.
AUTHORITY NOTE: Promulgated in accordance with R.S. 3:266, R.S. 3:270 and Section 103(b)(6) of the Internal Revenue Code of 1954, as amended.
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