Louisiana Revised Statutes 3:666 – Application for charter
Terms Used In Louisiana Revised Statutes 3:666
- Applicant: means a person or place of business that makes a formal application for a license, permit, certification, registration, or certificate issued pursuant to this Title. See Louisiana Revised Statutes 3:1
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Board: means the Louisiana Board of Animal Health augmented by the persons named in La. See Louisiana Revised Statutes 3:663
- Charter: means the charter for livestock market operations authorized under this Part. See Louisiana Revised Statutes 3:663
- Department: means the Department of Agriculture and Forestry. See Louisiana Revised Statutes 3:1
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Livestock: means cattle, buffalo, bison, oxen, and other bovine; horses, mules, donkeys, and other equine; sheep; goats; swine; domestic rabbits; fish, turtles, and other animals identified with aquaculture that are located in artificial reservoirs or enclosures that are both on privately owned property and constructed so as to prevent, at all times, the ingress and egress of fish life from public waters; imported exotic deer and antelope, elk, farm-raised white-tailed deer, farm-raised ratites, and other farm-raised exotic animals; chickens, turkeys, and other poultry; and animals placed under the jurisdiction of the commissioner of agriculture and forestry and any hybrid, mixture, or mutation of any such animal. See Louisiana Revised Statutes 3:663
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.