1. (1) The Agriculture Development Council will direct the department to conduct a review of eligibility prior to making funding decisions.

2. (2) Applicants must provide sufficient documentation to establish:

   1. (a) proof of residency;
   2. (b) completion of associate or baccalaureate degree from postsecondary institution as defined in 20-26-603, MCA;
   3. (c) primary ownership, including an heir, successor, or assignee of an agricultural operation;
   4. (d) participation in the day-to-day operations of a farm or ranch; and
   5. (e) commitment to operate the farm or ranch for at least five years following application.
3. (3) Applicants must provide documentation of requested educational loan information including but not limited to total outstanding loan amount, loan servicer information, payment schedule, history, and interest rate.

Authorizing statute(s): 90-9-203, 90-9-501, MCA

Implementing statute(s): 90-9-502, 90-9-504, MCA

History: NEW, 2020 MAR p. 570, Eff. 3/28/20.