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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Agriculture Code § 59.031: DEATH OF A BORROWER.

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Where this section sits in the code
  1. AGRICULTURE CODE
  2. TITLE 4. AGRICULTURAL ORGANIZATIONS
  3. CHAPTER 59. FARM AND RANCH FINANCE PROGRAM
  4. SUBCHAPTER C. ADMINISTRATION

(a) If a borrower receiving financial assistance under this chapter dies while indebted to the state under a contract, the borrower's rights under this chapter and the contract devolve on the borrower's heirs, devisees, or personal representatives under the laws of this state, subject to all rights, claims, and charges of the board.

(b) Default by an heir, devisee, or personal representative with respect to a right, claim, or charge of the board has the same effect as default by the borrower before the borrower's death.

Added by Acts 1993, 73rd Leg., ch. 542, Sec. 1, eff. Sept. 1, 1993. Amended by Acts 1995, 74th Leg., ch. 1014, Sec. 19, eff. Jan. 1, 1996.

Collected 2026-08-27T01:46:50Z. Source file · JSON

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