LAC 7:V.1517. Concurrence in Loan Guarantees

A. The borrower must provide for the market commission file record a copy of the note and the chattel mortgage or crop lien payable to the lender and any other data deemed necessary by the market commission staff. B. The loan guaranty agreement shall be executed by the borrower, the lender, and the commissioner of agriculture, or his designee, as official representative for the State Market Commission.