Texas Agriculture Code 59.025 – Maximum Amount of Loan or Guarantee
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(a) A loan under this chapter may not exceed the lesser of:
(1) $250,000; or
(2) an amount equal to 95 percent of the lesser of the purchase price of the land or the land’s appraised value under Section 59.028.
(b) The board may provide a guarantee of not more than 90 percent of a loan approved under this section.