{"data":{"id":"us-tx/tex.-agriculture-code-58.0211","jurisdiction":"us-tx","citation":"Tex. Agriculture Code § 58.0211","heading":"LOAN LIMITS.","body":"(a) The authority may make, guarantee, insure, coinsure, or reinsure a loan up to the limits in this section and Section 58.021 for a single eligible business which already has an active loan if the action is approved by a two-thirds vote of the members present.\n(b) Repealed by Acts 2009, 81st Leg., R.S., Ch. 506, Sec. 1.21(3), eff. September 1, 2009.\n(c) The authority may not guarantee more than 90 percent of a loan to an eligible agricultural business made by a private lender.\nAdded by Acts 1995, 74th Leg., ch. 419, Sec. 5.18, eff. Sept. 1, 1995.\nAmended by:\nActs 2009, 81st Leg., R.S., Ch. 506 (S.B. 1016), Sec. 1.21(3), eff. September 1, 2009.","path":["AGRICULTURE CODE","TITLE 4. AGRICULTURAL ORGANIZATIONS","CHAPTER 58. AGRICULTURAL FINANCE AUTHORITY","SUBCHAPTER C. PURPOSES AND POWERS"],"source_url":"https://statutes.capitol.texas.gov/Docs/AG/htm/AG.58.htm#58.0211","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:50Z","sha256":"7e19ba345565be0784326b198cb5ad9dad42c576cbe1957d3444a492eb18f5ba","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-agriculture-code-58.021","next":"us-tx/tex.-agriculture-code-58.022"},"notice":"GroundRules: Original legal text. Not legal advice."}
