{"data":{"id":"us-mn/minn.-stat.-41a.035","jurisdiction":"us-mn","citation":"Minn. Stat. § 41A.035","heading":"AGRICULTURAL RESOURCES LOAN PARTICIPATION.","body":"The board may participate in loans made to finance agricultural resource projects by purchasing from a lender up to 75 percent of the amount of each eligible loan. If the loan participated in is for $500,000 or less, the loan may be for 100 percent of the cost of the project. If the loan participated in exceeds $500,000, the loan may not exceed 80 percent of the cost of the project. The lender shall service the loan or cause it to be serviced in a manner that equally protects the lender's and the board's interests.","path":["AGRICULTURE","CHAPTER 41A. AGRICULTURAL DEVELOPMENT","MINNESOTA AGRICULTURAL AND ECONOMIC DEVELOPMENT BOARD"],"source_url":"https://www.revisor.mn.gov/statutes/cite/41A.035","current_through":"2025 Minnesota Statutes","vintage":"","retrieved_at":"2026-09-02T22:10:27Z","sha256":"843c45a8a0985df7a0f93f7c8f19c188ec7be7ba4797956529baf20ff32bbee2","source_id":"us-mn","stale":false,"prev":"us-mn/minn.-stat.-41a.03","next":"us-mn/minn.-stat.-41a.036"},"notice":"GroundRules: Original legal text. Not legal advice."}