The purpose of the program is to encourage private commercial loans for the enhancement of production, processing, and marketing of certain agricultural crops or livestock, the creation and enhancement of value-added businesses, providing assistance for disaster relief projects, for the financing of water conservation projects or equipment for agricultural production purposes, and for nonagricultural businesses in a rural area. These sections are adopted to provide standards of eligibility and procedures for obtaining financial assistance under the Act.

Source Note:The provisions of this §28.63 adopted to be effective October 4, 1995, 20 TexReg 7595; amended to be effective September 16, 1997, 22 TexReg 9243; amended to be effective September 28, 1999, 24 TexReg 8149; amended to be effective September 18, 2001, 26 TexReg 7120; amended to be effective July 22, 2002, 27 TexReg 6502; transferred effective October 1, 2007, as published in the Texas Register September 28, 2007, 32 TexReg 6793.