4 Tex. Admin. Code § 28.27

Current through Reg. 49, No. 50; December 13, 2024
Section 28.27 - Contents of the Application

The applicant must present to the lender the information necessary to determine if the applicant is eligible and qualified to receive a loan guarantee under the program. Such information will include the following:

(1) the application checklist form for the program provided by the Authority;
(2) the plan, as submitted to the lender, for the applicant's proposed farm, ranch, or agriculture-related business to be financed, including a budget for the proposed operation;
(3) a completed application for a loan from a commercial lender on which an eligible applicant has indicated how the loan proceeds will be used to implement the applicant's plan; and
(4) the signed statement of a loan officer of the commercial lender that a loan guarantee is requested for approval of the loan application.

4 Tex. Admin. Code § 28.27

The provisions of this §28.27 adopted to be effective September 1, 2009, 34 TexReg 5902