La. Admin. Code tit. 7 § XXXVI-113

Current through Register Vol. 50, No. 9, September 20, 2024

Section XXXVI-113 - Records Requirements

A. Each certified market participant shall maintain the following records on a current basis in the company's principal office in this state at all times:

1. current financial statements;

2. bank statements and reconciliations;

3. broker's statements;

4. copies of all outstanding contracts with producers, grain dealers and warehousemen or warehouse operators including, but not limited to, agency contracts, producer contracts and certified market participant contracts;

5. copies of all outstanding loans, notes and mortgages affecting the business;

6. records of all purchases of agriculture commodities or products;

7. daily production records;

8. record of all ethanol sales;

9. scale tickets, receiving and shipping documents; and

10. settlement sheets.

La. Admin. Code tit. 7, § XXXVI-113

Promulgated by the Department of Agriculture and Forestry, Office of Management and Finance, Agricultural Industry Board, LR 12:508 (August 1986).

AUTHORITY NOTE: Promulgated in accordance with R.S. 3:3704.