Montana Code 90-9-504. Loan repayment assistance documentation
90-9-504. (Temporary) Loan repayment assistance documentation. A qualified farmer shall submit an application for loan repayment assistance to the council in accordance with rules adopted by the council. The application must include official verification or proof of the applicant’s total unpaid accumulated educational loan debt and other documentation required by the council that is necessary to verify the applicant’s eligibility. (Terminates June 30, 2029–sec. 16, Ch. 439, L. 2019.)
Terms Used In Montana Code 90-9-504
- Council: means the Montana agriculture development council established in 2-15-3015. See Montana Code 90-9-103
- Educational loan: means a loan made pursuant to a federal loan program, except for a federal parent loan for undergraduate students (PLUS) loan, as provided in 20 U. See Montana Code 90-9-103
- Farmer: means a person who:
(a)is engaged in agricultural activities, including ranching, at a farm;
(b)participates in the day-to-day operations of a farm; and
(c)is the primary owner of an agricultural operation, including an heir, a successor, or an assignee of the operation. See Montana Code 90-9-103