There is established in the rural finance administration fund a Rural Finance Authority revolving loan account that is eligible to receive appropriations and the transfer of loan funds from other programs. All repayments of financial assistance granted from this account, including principal and interest, must be deposited into this account. Interest earned on money in the account accrues to the account, and the money in the account is appropriated to the commissioner of agriculture for purposes of the Rural Finance Authority livestock equipment, methane digester, disaster recovery, value-added agricultural product, agroforestry, agricultural microloan, and farm opportunity loan programs, including costs incurred by the authority to establish and administer the programs.
1Sp2005 c 1 art 1 s 77; 2007 c 45 art 1 s 54; 2012 c 244 art 1 s 49; 1Sp2015 c 4 art 2 s 77
Structure Minnesota Statutes
Chapters 17 - 43 — Agriculture
Chapter 41B — Rural Finance Authority
Section 41B.01 — Citation; Purpose.
Section 41B.025 — Rural Finance Authority.
Section 41B.026 — Telephone Or Electronic Meeting.
Section 41B.03 — Borrower Eligibility Criteria.
Section 41B.036 — General Powers Of The Authority.
Section 41B.037 — Homestead Redemption Program.
Section 41B.038 — Programs For Commitments To Other Entities.
Section 41B.039 — Beginning Farmer Program.
Section 41B.0391 — Beginning Farmer Program; Tax Credits.
Section 41B.04 — Loan Restructuring Program.
Section 41B.042 — Seller-sponsored Program.
Section 41B.043 — Agricultural Improvement Loan Program.
Section 41B.044 — Ethanol Development Program.
Section 41B.045 — Livestock Expansion And Modernization Loan Program.
Section 41B.046 — Value-added Agricultural Product Loan Program.
Section 41B.047 — Disaster Recovery Loan Program.
Section 41B.048 — Agroforestry Loan Program.
Section 41B.049 — Methane Digester Loan Program.
Section 41B.055 — Livestock Equipment Loan Program.
Section 41B.056 — Pilot Agricultural Microloan Program.
Section 41B.057 — Farm Opportunity Loan Program.
Section 41B.06 — Rural Finance Authority Revolving Loan Account.
Section 41B.08 — Revenue Bonds; Purposes, Terms, Approval.
Section 41B.09 — Revenue Bonds; Resolutions Authorizing, Additional Terms, Sale.
Section 41B.10 — Revenue Bonds; Optional Resolution And Contract Provisions.
Section 41B.12 — Revenue Bonds; Nonliability Of Individuals.
Section 41B.13 — Revenue Bonds; Purchase And Cancellation By Authority.
Section 41B.14 — Revenue Bonds; Nonliability Of State.
Section 41B.15 — State Pledge Against Impairment Of Contracts.
Section 41B.16 — Security Account.
Section 41B.17 — Powers And Duties Of Trustee.
Section 41B.18 — Revenue Bond Fund; Reports.
Section 41B.19 — General Obligation Bonds.
Section 41B.195 — Additional Use Of General Obligation Bonds.
Section 41B.20 — Exemption From Taxes.
Section 41B.21 — Certain Actions.
Section 41B.211 — Data Privacy.