4 Tex. Admin. Code § 30.8
Application Process
Effective Sep 28, 199924 TexReg 8150Source Note: The provisions of this §30.8 adopted to be effective November 15, 1993, 18 TexReg 7539; amended to be effective April 5, 1995, 20 TexReg 2203; amended to be effective September 16, 1997, 22 TexReg 9243; amended to be effective September 28, 1999, 24 TexReg 8150.Texas Secretary of State
- (a) A qualified application will be considered by the board or the commissioner at the first available meeting of the Authority or when the staff has had sufficient time to complete its review of the qualified application.
- (b) Approval of qualified applications will be subject to the availability of funds in the young farmer loan guarantee account.
- (c) A nonrefundable application fee of $25 will be required with each qualified application. An origination fee equal to 1.0% of the loan guarantee amount will be due within ten days of the initial funding of each loan, with the application fee to be credited to the origination fee.
- (d) Applications will be analyzed in accordance with the requirements and criteria set forth in the Act and in this chapter.
Source Note:The provisions of this §30.8 adopted to be effective November 15, 1993, 18 TexReg 7539; amended to be effective April 5, 1995, 20 TexReg 2203; amended to be effective September 16, 1997, 22 TexReg 9243; amended to be effective September 28, 1999, 24 TexReg 8150.