Sec. 58.011. CREATION OF AUTHORITY; PUBLIC PURPOSE. (a) The Texas Agricultural Finance Authority is created within the Department of Agriculture as a public authority.
(b) The authority is created to provide financial assistance for the expansion, development, and diversification of production, processing, marketing, and export of Texas agricultural products. The exercise by the authority of the powers and duties conferred by this chapter is an essential public purpose of the state in promoting the general welfare of the state and all of its citizens.
Added by Acts 1987, 70th Leg., 2nd C.S., ch. 32, art. 2, Sec. 1, eff. Oct. 20, 1987.
Structure Texas Statutes
Title 4 - Agricultural Organizations
Chapter 58 - Agricultural Finance Authority
Section 58.011. Creation of Authority; Public Purpose
Section 58.012. Board of Directors
Section 58.014. Meetings; Administrative Procedure
Section 58.015. Administration
Section 58.016. Fiscal Accounting of Administration
Section 58.017. Performance Measures
Section 58.0171. Review of Department Plans and Budget Request
Section 58.0172. Board Conflict of Interest
Section 58.0173. Removal of Board Member
Section 58.0174. Standards of Conduct
Section 58.0175. Separation of Responsibilities