Minnesota Administrative Rules
1656.0011 APPLICABILITY AND PURPOSE.
Subpart 1.
Applicability.
This chapter establishes the criteria and procedures to be used by the RFA in the administration of the value-added agricultural product loan program authorized by Minnesota Statutes, section 41B.046.
Subp. 2.
Purpose.
The purpose of the value-added agricultural product loan program is to foster and maintain a diverse agricultural industry that is economically profitable by providing affordable credit to help farmers finance the purchase of stock in a cooperative proposing to directly or indirectly build or purchase and operate an agricultural product processing facility, located in Minnesota.
History:
20 SR 2290(NO. 43); 30 SR 372
Published Electronically:
October 26, 2005
Official Publication of the State of Minnesota
Revisor of Statutes