2006 Louisiana Laws - RS 3:523 — Establishing facility; petition; procedure

§523.  Establishing facility; petition; procedure

Any organization or group of farmers, wholesalers, or retailers, or any political subdivision of the state may individually or jointly, petition the State Market Commission in the manner hereinafter provided, for the establishment of a terminal farm products market facility.  Any organization of farmers or political subdivision of the state may, individually or jointly, petition the State Market Commission, in the manner hereinafter provided, for the establishment of an assembly farm products market facility.  The petition, in either case, shall set forth:

(1)  the territory in which the facility will operate; the city, village, or town, and the parish in which the market is to be located; and whether the market is to be a terminal or an assembly market.

(2)  the name and post-office address of the petitioner; the fact that each petitioner operates within the territory of operation described in the petition; the qualifications of each petitioner under the provisions of this Part; the name and post-office address of the individual representative of each petitioner empowered to execute the petition in its behalf; and a statement of the action by each petitioner authorizing the submission of the petition under the provisions of this Part, and granting authority to its individual representative to execute the petition.

(3)  the proposed legal name of the facility.

(4)  the purposes of the facility and the need therefor; its proposed methods of financing, management, and operation, and its plans for construction and future development.

(5)  the names and post-office addresses of the nominees from among whom the governor is to appoint the board of directors, as provided for in this Part, together with the names and post-office addresses of those who participate in the nomination of each category of directors, as hereinafter provided.