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Texas Agriculture Code - Chapter 58 Agricultural Finance AuthorityLegal Research Home > Texas Lawyer > Agriculture Code > Texas Agriculture Code - Chapter 58 Agricultural Finance Authority Text of section as added by Acts 1987, 70th Leg., 2nd C.S., ch. 32, art. 2, § 1 (a) The bond review board is ... Text of section as added by Acts 1989, 71st Leg., ch. 1247, § 1 Bonds may not be issued under this chapter, and proceeds ... In determining whether to provide financing under this chapter, the board shall consider the likelihood of success of the applicant and the effect of the ... In this subchapter: (1) "Commercial lender" means a commercial lending institution chartered by the state or federal government, including a savings and loan association, a ... (a) The board shall administer a loan guarantee program that benefits eligible applicants who desire to establish or enhance a farming or ranching operation or ... (a) An eligible applicant's documentation shall include the following for the board's review: (1) the plan, as submitted to the lender, for the applicant's proposed ... After reviewing the material submitted under Section 58.053, the board shall consider the following factors in deciding whether to approve an application for a loan ... If the recipient of a loan guarantee defaults on a loan that is guaranteed under this subchapter and the authority is required to honor its ... The authority may accept gifts and grants of money from the federal government, local governments, private corporations, or other persons for use in the young ... (a) The young farmer loan guarantee account is an account in the Texas agricultural fund. Money in this account may be used for purposes authorized ... Last modified: August 10, 2007 |