{"data":{"id":"us-ky/krs-247.978","jurisdiction":"us-ky","citation":"KRS 247.978","heading":"Debt limitation for qualified applicant.","body":"The total amount of principal which a qualified applicant may owe to the corporation at\nany one (1) time shall not exceed:\n(1) Two-hundred fifty thousand dollars ($250,000) for first time farmers as defined by\nthe United States Department of Agriculture, Farm Service Agency; or\n(2) One million dollars ($1,000,000) for other applicants.","path":["KRS Chapter 247"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=11881","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:00Z","sha256":"2739ff48747d6dc7c9b3608c4f7775f23cdfd0a54eb39d2d327ab47ca13963ff","source_id":"us-ky","stale":false,"prev":"us-ky/krs-247.976","next":"us-ky/krs-247.980"},"notice":"GroundRules: Original legal text. Not legal advice."}