US lawLouisianaRegulationsTitle 7 — AGRICULTURE AND ANIMALSPart XXVII — Agricultural Commodity Dealer and Warehouse LawChapter 1 — Louisiana Agricultural Commodities CommissionSubchapter O195LAC 7:XXVII.195LAC 7:XXVII.195. PurposeLast amended: 2011Year: 2026Length: 31 wordsOfficial source Cite as La. Admin. Code tit. 7, pt. XXVII, § 195A. Upon the insolvency of a licensee, the fund shall be used to reimburse a producer who has not otherwise been fully compensated for grain or cotton sold to the licensee.PreviousLAC 7:XXVII.193NextLAC 7:XXVII.197