BOARD CONSIDERATION OF LOAN GUARANTEE APPLICATION.

Tex. AGRIC Code § 58.054.
in effect
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After reviewing the material submitted under Section 58.053 , the board shall consider the following factors in deciding whether to approve an application for a loan guarantee: (1) the anticipated benefits from granting a loan guarantee to the applicant, including both potential job creation and commercial benefits to the agricultural industry; (2) the applicant's qualifications; (3) the feasibility of the applicant's plan; and (4) other repayment sources available to the applicant. Added by Acts 1999, 76th Leg., ch. 1459, Sec. 14, eff. June 19, 1999.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/28/2026

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