Texas Agriculture Code
§ 58.075 — LIMITATIONS IN PROGRAM
AG § 58.075Title 4. AGRICULTURAL ORGANIZATIONS · Ch. 58. AGRICULTURAL FINANCE AUTHORITY · Art. F. FARMER INTEREST RATE REDUCTION PROGRAM
Statute text
View on source(a)The maximum amount of a loan under this subchapter is $1 million.
(b)A loan granted under this subchapter may be used for any agriculture-related operating expense, including the purchase or lease of land or fixed assets acquisition or improvement, as identified in the application. Added by Acts 2009, 81st Leg., R.S., Ch. 506 (S.B. 1016), Sec. 1.16, eff. September 1, 2009. Amended by:
Legislative history
Acts 2025, 89th Leg., R.S., Ch. 709 (H.B. 43), Sec. 10, eff. June 20, 2025.