Louisiana Administrative Code
Title 7 - AGRICULTURE AND ANIMALS
Part V - Advertising, Marketing and Processing
Chapter 3 - Market Commission-Agricultural Products Processing Development Law-Loans and Loan Guaranties
Subchapter A - Authorization and Administration of Market Commission Loans and Loan Guaranties and Cooperative Endeavor Agreements under the Agricultural Products Processing Development Law
Section V-303 - Eligibility of Applicant
Current through Register Vol. 50, No. 9, September 20, 2024
A. Any person engaged or to be engaged in the processing of agricultural products shall be eligible for a market commission loan or loan guaranty upon proper application and approval, as set forth herein, under the Agricultural Products Processing Development Program.
B. The market commission shall give priority to those persons who utilize Louisiana agricultural products to the maximum extent possible.
C. The market commission shall only participate in cooperative endeavors which involve the creation of a significant number of new jobs in relation to the amount of participation by the commission.
AUTHORITY NOTE: Promulgated in accordance with R.S. 3:450.3 and R.S. 3:450.5.
