Texas Agriculture Code
§ 58.073 — COMPLIANCE
AG § 58.073Title 4. AGRICULTURAL ORGANIZATIONS · Ch. 58. AGRICULTURAL FINANCE AUTHORITY · Art. F. FARMER INTEREST RATE REDUCTION PROGRAM
Statute text
View on source(a)On accepting a linked deposit, an eligible lending institution must loan money to eligible applicants in accordance with the deposit agreement and this subchapter. The eligible lending institution shall forward a compliance report to the board.
(b)The board shall monitor compliance with this subchapter and inform the comptroller of noncompliance on the part of an eligible lending institution.
Legislative history
Added by Acts 2009, 81st Leg., R.S., Ch. 506 (S.B. 1016), Sec. 1.16, eff. September 1, 2009.