LIMITATIONS IN PROGRAM
Known as the Texas Agricultural Finance Act
The act spans §§ 58–58 (55 sections).
Added by Acts 2009, 81st Leg., R.S., Ch. 506 (S.B. 1016), Sec. 1.16, eff
(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.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.