Tex. Agriculture Code § 58.054
This is the official text of Tex. Agriculture Code § 58.054, part of Texas’s Agriculture Code — regulates farming, livestock, and agricultural commerce.
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§ 58.054. BOARD CONSIDERATION OF LOAN GUARANTEE APPLICATION.
Official statutory text
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.
(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.
Status: in_force · Read it on the official government site
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