La. Admin. Code tit. 7 § XXVII-117
Current through Register Vol. 50, No. 11, November 20, 2024
Section XXVII-117 - Provisional Stock Insurance Required for Warehouse LicenseA. At all times, each warehouse shall carry sufficient provisional stock insurance to assure protection against fire and other disasters for all agricultural commodities in storage in an amount proportionate to the licensed capacity of the facility. Provisional stock insurance records are subject to examination by the commission during audit of the facility.B. The provisional stock insurance shall be written for a period of at least one year by an insurance company authorized to do business in Louisiana and shall provide for 30 days written notice to the commission prior to cancellation.C. A copy of the insurance policy or a certificate of insurance shall be filed with the commission prior to issuance of the license.La. Admin. Code tit. 7, § XXVII-117
Promulgated by the Department of Agriculture, Office of Agro-Consumer Services, Agricultural Commodities Commission, LR 9:299 (May 1983), amended by the Department of Agriculture and Forestry, Agricultural Commodities Commission, LR 37:501 (February 2011).AUTHORITY NOTE: Promulgated in accordance with R.S. 3:3405 and R.S. 3:3410.