90-9-503. (Temporary) Payments to be made directly to educational loan servicer. (1) In administering the Montana farmer loan repayment assistance program, the council shall ensure the payments on behalf of a qualified farmer are paid directly to the educational loan servicer.
(2) A qualified farmer may choose whether the council makes one annual payment or 12 monthly payments to the educational loan servicer for each year of a qualified farmer's eligibility for loan repayment assistance. (Terminates June 30, 2029--sec. 16, Ch. 439, L. 2019.)
History: En. Sec. 3, Ch. 439, L. 2019.
Structure Montana Code Annotated
Title 90. Planning, Research, and Development
Chapter 9. Agriculture Development
Part 5. Farmer Loan Repayment Assistance Program
90-9-501. Montana farmer loan repayment assistance program
90-9-502. Eligibility -- amount of loan repayment assistance
90-9-503. Payments to be made directly to educational loan servicer