Sec. 59.028. APPRAISAL. (a) Before the board may loan money for the purchase of land under this chapter, the board must have an appraisal of the property made to determine its value.
(b) An appraiser representing the board must be qualified to give competent appraisals of land. The board may use appraisers employed by the board.
Added by Acts 1993, 73rd Leg., ch. 542, Sec. 1, eff. Sept. 1, 1993. Amended by Acts 1995, 74th Leg., ch. 1014, Sec. 17, eff. Jan. 1, 1996.
Structure Texas Statutes
Title 4 - Agricultural Organizations
Chapter 59 - Farm and Ranch Finance Program
Section 59.023. Powers of Board
Section 59.024. Application; Eligibility
Section 59.025. Maximum Amount of Loan or Guarantee
Section 59.026. Transfer of Borrower's Interest
Section 59.027. Changes in Use
Section 59.029. Payments to Board Under Certain Leases
Section 59.030. Term of Leases