Tex. Agric. Code § 58.053 · Subchapter E. AGRICULTURAL LOAN GUARANTEE PROGRAM
APPLICATION FOR LOAN GUARANTEE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(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 farm or ranch operation or agriculture-related business to be financed that includes a budget for the proposed operation;
(2) a completed application for a loan from a commercial lender on which an eligible applicant has indicated how the loan proceeds will be used to implement the applicant's plan; and
(3) the signed statement of a loan officer of the commercial lender that a loan guarantee is requested for approval of the loan application.
(b) The board may charge a reasonable application fee for processing an application filed under this section.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 1459, Sec. 14, eff. June 19, 1999.
Amended by:
Acts 2013, 83rd Leg., R.S., Ch. 1197 (S.B. 1214), Sec. 6, eff. June 14, 2013.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/AG/htm/AG.58.htm
- Text hash
- sha256 1a5e98cbad8e5569bf73768d9f6f6ac16f1437c5d48f85b675496e3848952624
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 1 provision
Provisions in this library whose text cites Tex. Agric. Code § 58.053. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.