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Texas Agriculture Code - Chapter 59 Farm And Ranch Finance ProgramLegal Research Home > Texas Lawyer > Agriculture Code > Texas Agriculture Code - Chapter 59 Farm And Ranch Finance Program Text of section as amended by Acts 1995, 74th Leg., ch. 265, § 3 (a) The authority shall give timely instruction to the board ... Text of section as amended by Acts 1995, 74th Leg., ch. 1014, § 10 The board shall invest funds as provided under Section 58.022. ... (a) The farm and ranch finance program fund is a fund in the state treasury. (b) At the direction of the board, money received from ... (a) The board shall adopt rules governing application for financial assistance under this chapter. The board may adopt rules it considers necessary to administer the ... The board has the power necessary to accomplish the purposes and carry out the programs provided by this chapter, including the power: (1) to adopt ... (a) To borrow money from the fund, a person must submit an application to the authority that contains an acceptable agricultural business plan for the ... (a) A loan under this chapter may not exceed the lesser of: (1) $250,000; or (2) an amount equal to 95 percent of the lesser ... (a) The contract for a loan under this chapter must provide that transfer of ownership of the land without the board's express written permission before ... (a) Before a borrower may use land acquired with financial assistance under this chapter for a primary purpose other than farming or ranching, the borrower ... (a) Before the board may loan money for the purchase of land under this chapter, the board must have an appraisal of the property made ... If, during a period a person is indebted to the board for land purchased with financial assistance under this chapter, the person executes or there ... (a) A purchaser may not lease land purchased with financial assistance under this chapter for a term longer than 10 years, except: (1) a lease ... (a) If a borrower receiving financial assistance under this chapter dies while indebted to the state under a contract, the borrower's rights under this chapter ... The board may establish a procedure by which a borrower acquiring land with a loan under this chapter may obtain title to a portion of ... (a) A person commits an offense if the person knowingly or intentionally makes, publishes, passes, files, or uses any false, fictitious, or forged paper, document, ... (a) A person commits an offense if the person defrauds a person of rights or benefits under this chapter or uses this chapter to defraud ... Last modified: August 10, 2007 |