A borrower may grant easements or rights of way, or execute mineral leases over or covering the land being purchased with a loan from the board. The borrower is liable to the board for any decrease in value of the land due to any grant of easement or lease of minerals by the borrower.

Source Note:The provisions of this §175.59 adopted to be effective January 8, 2002, 27 TexReg 286; amended to be effective March 18, 2008, 33 TexReg 2319; amended to be effective July 28, 2025, 50 TexReg 4969.