RS 3:666

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RS 3:666

§666. Application for charter

The application for charter shall include the following information:

(1)The name and address of the applicant, a statement of the names and addresses of all persons having any financial interest in the applicant, and the amount and nature of such interest.

(2)A financial statement of assets and liabilities.

(3)Plans, blueprints and specifications for new facilities or pictures of existing facilities.

(4)Proof that the registration requirements of the Packers and Stockyards Division, U.S. Department of Agriculture, can be met.

(5)A statement, in writing, assuring the Louisiana Board of Animal Health that the auction market will be operated in compliance with the Louisiana Board of Animal Health's regulations.

(6)Projected source and quantity of livestock, by parish, anticipated to be handled.

(7)Projected income and expense statement for the first year's operation.

(8)Facts upon which are based the conclusion that the trade area and the livestock industry will benefit because of the proposed market.

(9)A charter fee of two hundred fifty dollars per license issued, which will be retained by the Department of Agriculture and Forestry whether or not the charter is granted.

Added by Acts 1966, No. 142, §1. Amended by Acts 1968, No. 220, §1; Acts 2008, No. 920, §1, eff. July 14, 2008; Acts 2009, No. 24, §1, eff. June 12, 2009.