Montana Statutes
§ 90-9-503 — Payments To Be Made Directly To Educational Loan Servicer
Montana·Title 90 PLANNING, RESEARCH, AND DEVELOPMENT·Ch. 9 AGRICULTURE DEVELOPMENT·Part 5 Farmer Loan Repayment Assistance Program
90-9-503 . (Temporary) Payments to be made directly to educational loan servicer.
(1)In administering the Montana farmer loan repayment assistance program, the council shall ensure the payments on behalf of a qualified farmer are paid directly to the educational loan servicer.
(2)A qualified farmer may choose whether the council makes one annual payment or 12 monthly payments to the educational loan servicer for each year of a qualified farmer's eligibility for loan repayment assistance. (Terminates June 30, 2029--sec. 16, Ch. 439, L. 2019.)
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Legislative History
En. Sec. 3, Ch. 439, L. 2019.
Nearby Sections
15
§ 90-9-101
Short Title§ 90-9-102
Purpose§ 90-9-103
Definitions§ 90-9-104
Growth Through Agriculture Account§ 90-9-201
Council Organization -- Meetings§ 90-9-202
Powers And Duties Of Council§ 90-9-203
Rulemaking§ 90-9-302
Repealed§ 90-9-303
Repealed§ 90-9-304
And 90-9-305 Reserved§ 90-9-307
Accountability§ 90-9-309
Terms And Conditions Of Loans