Texas Statutes
§ 1431.014 — CERTAIN NOTES FOR RURAL ECONOMIC DEVELOPMENT.
Texas § 1431.014
JurisdictionTexas
Code GVGovernment Code
This text of Texas § 1431.014 (CERTAIN NOTES FOR RURAL ECONOMIC DEVELOPMENT.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Government Code Code Ann. § 1431.014 (2026).
Text
Sec. 1431.014. CERTAIN NOTES FOR RURAL ECONOMIC DEVELOPMENT.
(a)Notwithstanding any other provision of this chapter, an issuer participating in a rural economic development program established by the Texas Agricultural Finance Authority may sell to the authority an anticipation note issued for a purpose described by Section 1431.004 (a)(1), provided that the note matures before the 30th anniversary of the date the note is issued.
(b)Anticipation notes issued by a single issuer under this section in an aggregate original principal amount of not more than $500,000 are not subject to the approval requirements of Section 1431.011 or Chapter 1202 .
(c)An issuer may issue anticipation notes under this section for the same purpose not more than once in any 12-month period.
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Legislative History
Added by Acts 2001, 77th Leg., ch. 152, Sec. 1, eff. May 16, 2001.
Nearby Sections
15
§ 1431.001
DEFINITIONS.§ 1431.002
AUTHORITY TO ISSUE ANTICIPATION NOTES.§ 1431.004
USES OF ANTICIPATION NOTE PROCEEDS.§ 1431.005
GENERAL LIMITATION.§ 1431.006
LIMITATION ON NOTES TO PAY EXPENSES.§ 1431.007
GENERAL SOURCES OF PAYMENT.§ 1431.008
AD VALOREM TAXES AS SOURCE OF PAYMENT.§ 1431.009
MATURITY.§ 1431.010
SALE OF NOTES.§ 1431.013
CONFLICT WITH OTHER LAWS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 1431.014, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/GV/1431.014.