41B.06 RURAL FINANCE AUTHORITY REVOLVING LOAN ACCOUNT.
There is established in the rural finance administration fund a Rural Finance Authority
revolving loan account that is eligible to receive appropriations and the transfer of loan funds
from other programs. All repayments of financial assistance granted from this account, including
principal and interest, must be deposited into this account. Interest earned on money in the
account accrues to the account, and the money in the account is appropriated to the commissioner
of agriculture for purposes of the Rural Finance Authority livestock equipment, methane digester,
disaster recovery, and value-added agricultural product loan programs, including costs incurred
by the authority to establish and administer the programs.
History: 1Sp2005 c 1 art 1 s 77; 2007 c 45 art 1 s 54