Tex. Agriculture Code § 44.0045
MICROENTERPRISE SUPPORT PROGRAM LOANS
Texas · Texas Agriculture Code · Status: effective
Cite this
- Citation
- Tex. Agriculture Code § 44.0045, MICROENTERPRISE SUPPORT PROGRAM LOANS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/626683
- Permanent ID
ys:prov:626683@1- SHA-256
71c9f988db6301620d083e9e12e98db849fa6b369ef486a439c60d0245321718
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) The board shall administer a loan program supporting established and proposed microenterprises in rural areas by providing loans to expand, modernize, or otherwise improve established microenterprises and to begin operation of proposed microenterprises.
(b) An applicant applying on behalf of a proposed microenterprise may receive a loan of up to $25,000 to begin operation of the microenterprise.
(c) An applicant applying on behalf of an established microenterprise may receive a loan of up to $50,000 to expand, modernize, or otherwise improve an established operation.
(d) The board may reserve a portion of the total fund for use in cooperative loan programs established with the participation of other public or private lenders.